Brussels upset over tax-free ceiling

Almost a million taxpayers have ended up on the losing side following the cancellation of the so-called countermeasures that were seen accompanying the now-scrapped reduction of the tax-free threshold, which according to a European Commission representative is problematic.

The Commission official said on Friday that "we are taking note of the fact that the bills have been sent to Parliament. The tax package agreed in 2017, which included the reduction of the tax-free ceiling and would have started applying as of January 2020, was planned to widen the tax base and create fiscal space for pro-growth reforms in the tax system."

The same official added, "We remind that Greece has committed itself to keeping the targets and the main reforms activated over the course of the bailout program and to seeking further measures so as to strengthen the positive outlook of its...

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