Sunday, February 22, 2015

Greece, the government of Tsipras preparing the measures to put in … – Il Sole 24 Ore

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This article was published on February 21, 2015 at 20:18.
The last change is the February 21, 2015 at 20:29.

The government greek and ‘met to finalize the list of measures to be presented Monday ‘to get the green light to the extension of four months of the aid program. According to official sources reported the executive government is working on this list of measures to be this morning and intends to present a short list of commitments in areas such as the fight against tax evasion and corruption and public administration reform.

According to sources the reforms would not be presented with the addition of specific targets or figures to be respected. This is to highlight the fact that this is not reform imposed from outside, but the targets chosen by the government greek and of which the executive claims the “possession”. Greek TV station Mega, the plan he’s working on the government of Athens there are the introduction of payment in installments up to 100 payments for those who have back taxes, rules for labor, tax law and the independence of the Secretariat General of the Treasury. Other measures would be inspired by indications OECD.

From the measures that the government of Alexis Tsipras will present in Brussels at the end of this weekend will be possible to have a clearer picture of the nature of the compromise reached between the European authorities and the government in Brussels. A compromise that has granted an extension for a further 4 months to Greece to negotiate a new aid program to replace the current one and send home forever the hated Memorandum, in exchange for reforms acceptable and new initiatives to restructure the Greek economy .

JP Morgan: Athens sold on many points
Greece sold on many points to get to the current agreement with the Eurogroup and “the basis for the ‘extension of aid remains the “signed previously. The JPMorgan analysts say in a note to clients. According to the investment bank, “the pressure on banks and state coffers” caused this attitude that “could create tensions within SYRIZA”, although it is likely to remain ambiguities and room for negotiation on commitments to Athens.

Tsipras earns time, Brussels wary
It ‘was difficult to reach an agreement, all they had to do their utmost in and out of the meeting: Draghi, Juncker, Dijsselbloem and the same Tsipras, because the situation was too delicate and his finance minister Varoufakis had no mandate sufficient. Italy and France have mediated, playing a central role that led to a “historic success”, as defined by the Minister Pier Carlo Padoan.

The German Minister Wolfgang Schaeuble has not forgiven him Varoufakis ‘joke’ of 11 February, when he tried to change the text of the agreement once the German had left the room. Not surprisingly, the two toughest and most reticent to sign yesterday were just Schaeuble and Spanish De Guindos.

Optimistic greek Minister of Finance, Yanis Varoufakis that says “certain” that the European partners will accept the list with the commitments of Athens on reforms and “almost certain” that will not help ‘a new meeting of’ Eurogroup.

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