Govt Confident Troika will Accept Special Property Tax Plan
Thursday, 01 January 1970
The Greek government said it is confident the European Commission, the European Central Bank and the International Monetary Fund will accept its proposal on the collection and calculation method of the special property tax this and next year, the Athens News Agency ANA-MPA reported.
Following a meeting between finance ministry officials and the troika, that “tax collection in five tranches and the 33 factors of calculating a property tax next year have been locked”, the agency reported, quoting a ministry official. The troika initially pressed for a reduction in the number of tranches to four this year, it added.
The official added that the meeting focused on alternative plans by the government’s economic team to covering a fiscal hole in the period 2013-2014 which results from a shortfall in the public healthcare system and a deficit in pension funds.
The finance ministry intends to reach an agreement with the troika before mid-July, paving the way for the disbursement of a next tranche of a bailout loan to Greece, worth 8.1 billion euro, the agency recalled.