Wednesday, May 6, 2015

Greece, Dijsselboem: “No agreement in sight.” It summarizes Athens … – Il Sole 24 Ore

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This article was published May 6, 2015 at 11:38.
The last change is the May 6, 2015 at 15:17.

As a referral in return. The agreement between the EU and Greece is not yet ready. With Athens’ remain to solve many problems “for which” there will be no agreement next Monday, “Eurogroup in Brussels. It says the president of the Eurogroup, Jeroen Dijsselbloem, who spoke in Paris after meeting with Finance Minister Michel Sapin, who confirms that there will be no agreement in the coming days.

Meanwhile, Ministry of Finance has paid the greek tranche of 200 million euro to ‘IMF for the loan repayment. The next, much more substantial, tranche of 750 million euro to be paid by Tuesday, the day of the Eurogroup.

Day important today which involves a meeting of the Minister of Finance greek, Yanis Varoufakis, with our Minister of Economy Pier Carlo Padoan, in the headquarters of the ministry in Via XX Settembre in Rome. Also today, the ECB will consider an overhaul dell’haircut (cut) on the value of the collateral that Greek banks must submit guarantee of emergency funding, a proposal that if passed would lead banks to Athens in a liquidity crisis. Also on the agenda the possible increase in loans Ela, a review of routine but it takes on political significance in these situations. Writes Bloomberg citing sources familiar with the matter that a raising dell’haircut is among the options of the ECB staff.

Tax the rich
The government is continuing greek to work on the reform program. The Executive has suggested imposing a special levy on the 500 richest families in the country to help unlock the prestititi. Writes today the German newspaper Bild, citing a new list of reforms that Athens presented to the Eurogroup.

The negotiations of Greece with the European Union and the International Monetary Fund continue for weeks, in an attempt to get aid in exchange for reforms, but the talks have failed to make significant progress, leaving Greece to the brink of bankruptcy.

The list of reforms the Ministry of Finance greek includes a tax that workers earn more than 30 thousand euro per year and will have to pay a luxury tax on items like luxury cars.

The report said that Athens had also proposed the introduction of a tax on luxury travel to the islands Greek and equalization of VAT rates for the islands that today enjoy a special regime.

To improve transparency in the tax area, Athens plans to compel individuals to use a credit card for payments over 70 €.

Athens regains 4 thousand public employees laid off
The greek Parliament yesterday adopted a bill that aims to “repair the injustices “in public administration and that includes the reinstatement of some 4,000 officials sacked in the wake of austerity measures imposed in recent years by the agreements with international creditors. The bill entitled “Democratization of the administration, the fight against bureaucracy and correction of injustice” was voted by 157 deputies of the coalition of the radical left Syriza and the small nationalist party “Independent Greeks” of 254 MPs present. The law provides for the reinstatement of municipal police officers, from janitors, public employees and teachers of technical schools that had been placed on leave and then fired on the spot, without the evaluation process that was promised. The standard also allows the integration of 6,000 people who had gotten in theory public service posts by Greek competition, but then had stumbled in “hiring freeze” in the public sector.

It also prohibited the injunction during the strikes are “established collective agreements” and “accelerated the procedures for recruiting seasonal workers.” The opposition voted against and the former Conservative minister of the Administration, Kyriakos Mitsotakis, has accused the government of merely aim to increase the ranks of public officials. Mitsotakis said that between 2009, the beginning of the debt crisis in Greece, and the end of 2014, the number of staff was increased from 920,000 to 640,000, a decrease related spending on wages from 24 billion euro in 15.7 billion. The law passed yesterday was a campaign promise of the government of Alexis Tsipras, and will create new friction with the former troika.



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