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World

No cut in tax-free threshold while I'm in charge, Greece's Tsipras says

ATHENS: Greek Prime Minister Alexis Tsipras on Monday said his administration would not lower a tax-free threshold,
Published Updated

ATHENS: Greek Prime Minister Alexis Tsipras on Monday said his administration would not lower a tax-free threshold, a measure supposed to take effect next year to broaden the country's tax base.

"The tax free (threshold) will not be reduced as long as Syriza is in government," Tsipras told Greece's Antenna television during a live interview, referring to his left-wing party in power since 2015. Elections are due later this year.

He said further relief measures would be considered this year. "After the (Easter) holidays I will meet with the minister of finance to consider what we can offer, not as a pre-election gift but as permanent relief measures because the Greek economy is faring better."

Copyright Reuters, 2019
 

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