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Greece Announces Bailout Agreement Negotiations Concluded

|Approved Changes|Greece
Greece

On 11 August 2015, Greece's Finance Minister Euclid Tsakaloto announced that bailout agreement negotiations have concluded. As part of the agreement, Greece must implement reforms in addition to the corporate tax, value added tax and other measures already adopted ({News-2015-07-22/A/2- previous coverage}). The additional reforms include:

  • Implementing measures to strengthen the system to collect back taxes;
  • Ending fuel subsidies and increasing advance tax payments for the agriculture sector;…

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