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Athens News Agency: News in English, 10-03-19
CONTENTS
[01] Greek bond market closing report
[02] LA.OS leader opens round of meetings with former PMs
[03] Main points of new tax bill
[01] Greek bond market closing report
(ANA-MPA) -- The yield spread between the 10-year Greek and German
benchmark bonds widened further to 319 basis points in the Greek
electronic secondary bond market on Friday, with the Greek bond
yielding 6.31 pct and the German Bund 3.12 pct. Turnover in the market
was around 1.5 billion euros.
In interbank markets, interest rates were largely unchanged. The
12-month Euribor rate was 1.24 pct, the six-month rate 0.99 pct, the
three-month rate 0.71 pct and the one-month rate 0.48 pct.
[02] LA.OS leader opens round of meetings with former PMs
Popular Orthodox Rally (LA.OS) leader George Karatzaferis opened a
round of meetings with former Greek prime ministers on Friday,
stressing that he wants to know what their thoughts are and what advice
they have to offer in this time of crisis for the country.
Karatzaferis launched the initiative by meeting with former premier and
honorary president of main opposition New Democracy (ND) party
Constantine Mitsotakis.
The next meeting will be with former PASOK PM Costas Simitis.
[03] Main points of new tax bill
(ANA-MPA) -- A bill envisaging the reform of Greece's taxation system
will be tabled by the government in parliament next Tuesday. The main
principles of the draft law were presented to by finance minister
George Papaconstantinou to the Inner Cabinet on Thursday.
With the new tax bill, the government will introduce a single, more
progressive tax scale for all incomes aimed at redistributing tax
burdens between low and medium incomes, lowering tax burdens for
personal incomes up to 40,000 euros and introducing a 45 percent tax
scale for incomes higher than 100,000 euros.
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