The staff level agreement is balanced gov´t spokesman says

Wednesday, May 3rd, 2017
Last Update: 09:08

Despite the difficulties and delays as a result of the creditors΄ irrational demands during the negotiations, the Greek government believes that the staff level agreement is eventually balanced and sustainable, government spokesman Dimitris Tzanakopoulos said on Tuesday during a press briefing, AMNA reported.

Regarding the tax reliefs that will be included in the offset measures to be legislated and implemented together with the measures, Tzanakopoulos said, these are:

- Reduction of the tax rate for businesses from 29 pct to 26 pct.

- Reduction of tax rates for individuals from 22 pct to 20 pct.

- Reduction of the Uniform Real Estate Ownership Tax (ENFIA) by 200 million euros for low and medium income households.

- Reduction of the solidarity levy, which is zero for those with revenues up to 30,000 euros, while the rest is subject to a reduction.

The draft law on the prior actions is expected to be tabled in Parliament early next week and voted immediately after the Prime Minister΄s return from his planned trip to China on May 16, the spokesman added.

He also announced that there will be a cabinet meeting next Thursday to present the agreement in detail as well as the initiatives for the next period.

"The government΄s effort is now focused on the Greek debt," he underlined.

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