ECONOMY

Troika will not accept any more deadline extensions

The troika has vetoed any more deadline extensions for the submission of taxpayers’ income declarations as well as declarations such as those concerning payment of value-added tax.

The representatives of the European Commission, the European Central Bank and the International Monetary Fund have told the Finance Ministry that they accept the extension of the deadline for taxpayers whose tax registration numbers end in 1 or 2 from July 22 to July 26 – as Monday was also the deadline for VAT declarations submission – but made it clear they would not put up with any other delays.

The troika ruled out the possibility of all taxpayers being able to submit their declarations regardless of the last digit of the tax registration number between August 10 or 15 and the end of the month, although a top ministry official told Kathimerini that the government will attempt to change the creditors’ mind on that.

He did however concede that the bad habit of one extension after another will have to stop if Greece wants to cover the 1.6-billion-euro shortfall it posted in budget revenues for the first half of the year.