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Greek Split With Creditors Said to Come Down to Catering VAT

relates to Greek Split With Creditors Said to Come Down to Catering VAT
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Sales tax on catering may be the largest difference between Greece and its creditors as they negotiate rescue arrangements this week, according to two European Union officials.

The rate of value-added tax is the main sticking point to getting a deal, with Greece’s proposed target for 2016 still some way short of creditor demands, the officials said. Euro-area finance ministers will gather again in Brussels Wednesday to try to hammer out a path forward.