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- Overview of some Greek reform proposals
Overview of some Greek reform proposals
Athens sent new reform proposals to its lenders two hours before the deadline on Thursday. These are some reform proposals:
- Tax increases for shipping and railways companies;
- €300 million defence spending cuts by 2016;
- The raising of the retirement age to 67 by 2022;
- Unifying VAT rates at 23%, including restaurants and catering, scrapping tax breaks for the Greek islands;
- Phasing out solidarity grants for pensioners by 2019;
- The privatisation of ports and regional airports.
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