Social Solidarity Allowance and Tax-Free Threshold in Greece: 2010-2016
8 Pages Posted: 21 Jul 2017
Date Written: December 14, 2016
This policy paper concerns the changes in the legislation of the Social Solidarity Allowance and the tax-free threshold in Greece, after the request for financial assistance from the European Union and the International Monetary Fund in 2010. After a concise analysis of the above from 2010 to 2016, the history and effects of the changes introduced for each of the two above issues, and their combination, by the Memorandums of Understanding for the Financial Assistance Programs, such as the proposal for the funding of the Solidarity Allowance from 2016 onwards with revenue from the reduction of the tax-free amount.
Keywords: Greece, Eurozone, Eurozone crisis, Troika, Social Solidarity Allowance, Tax Free Threshold, Tax, MoUs, Memorandum, IMF, European Commission, ECB, World Bank
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