French fiscal package

In its review of objective values - property rates used for tax purposes - the Finance Ministry is aiming to include real estate valued at an estimated 80-100 billion euros and at least 7,000 new areas in the system.

The state budget for 2016 discussed yesterday until early morning on Sunday in the Greek parliament.

After a 12-hour debate, the budget was voted in with 153 votes in favor, and 145 against, with two MPs being absent.

 Election promises and revenue shortfall could take the fiscal gap to as much as 5 billion euros this year

By Sotiris Nikas

 Primary surplus in the year to end-June amounted to 712 million euros, leaving scope for lightening of taxes

By Sotiris Nikas