Greek coalition leaders reach compromise on property tax as troika returns

Greek coalition leaders reach compromise on property tax as troika returns

 

Democratic Left chief Fotis Kouvelis arrives at the Maximos Mansion on Wednesday for talks with coalition partners Prime Minister Antonis Samaras of New Democracy and Evangelos Venizelos of PASOK.

 

A few hours before talks with the troika were due to resume, Greece’s coalition leaders overcame on Wednesday night initial disagreement to reach a compromise on the makeup of a property tax deemed vital to meeting the revenue targets set by the country’s lenders.

 

After talks last night with Prime Minister Antonis Samaras and PASOK chief Evangelos Venizelos, Democratic Left leader Fotis Kouvelis said that the coalition would approach the troika with a “common position that the emergency property tax be replaced with a new unified property tax.”