Greece Asks Troika To Cut VAT

With envoys from international lenders in Athens to check the country’s books and the pace of reforms, the Greek government is going to ask again for permission to lower the 23 percent Value Added Tax (VAT) in restaurants. The Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) has rebuffed the idea before and insisted on more austerity reforms ...

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