Greece, the last offer of Tsipras to Merkel-Hollande-Juncker – The Republic

ATHENS – Alexis Tsipras moves his pawns ahead of the summit in Brussels on Monday evening, in which you play a good part of the destiny of Athens. Prime Minister greek brought together his government and called a lot of proposals to be presented to international creditors, in the hope that this time they are well accepted and to allow EU, ECB and IMF to unlock 7.2 billion of loans by the end June. After the round of consultations of the executive Greek Tsipras phoned Angela Merkel, Francois Hollande and Jean Claude Juncker to present the proposals “with a view to a mutually beneficial agreement,” as reported international agencies citing an email from left government in Athens , which is not further detailing the package of proposals. The greek leaders, who will reach Brussels in the evening, he also hoped that this agreement “will bring a permanent solution and not temporary” the Greek question, without specifying whether the proposals are new.

EUROBAROMETER. The problem is the debt

As leaked, the European summit tomorrow, a last resort to avoid default, the greek government would automatically cut spending in case of overshooting the threshold of the “zero deficit” and permanent fiscal measures amounting to 2% of GDP, while creditors would demand interventions to 2.5%. It reported a government source agency Bloomberg 0.5% stating that the missing would be covered by other “administrative measures”. The executive greek would be prepared to further fiscal measures if the agreement with creditors include a haircut.

Among the measures contained in the plan there would be a block of early retirement as of January 1, 2016 and the ‘increase is a tax levy “solidarity” for people who earn more than 30,000 euro per year and for the companies that have profits above 500,000 €.

The greek government would agree with creditors on the goal of achieving a primary surplus of 1% of GDP. Then insist for three VAT rates (6.5%, 13% and 23%), but to meet the demand of creditors to reduce them to two would increase taxes on some foods and about hotels and bring more products to the range of 23%. To reach an agreement at the last minute and avoid the rupture that could result in the exit of Greece from the euro, Athens would also be ready to keep the controversial property tax, the Enfia, that the executive had pledged to abolish this year.

In the race against time to avoid the bankruptcy of Greece, last night the President of the European Commission, Jean-Claude Juncker, and Tsipras had a telephone conversation. And the contacts will be maintained at all times prior to the Extraordinary Summit of Heads of State and Government of the euro zone countries scheduled for tomorrow in Brussels. The last chance to avert the default and exit of Athens from the single currency, a possibility that last week led the Greeks to withdraw from the banks about four billion euro. Bolted while also facing opposition to the government of Syriza, with leaders engaged in talks and demonstrations in support of the country stay in the euro.

Arguments:

Greece

Greek crisis

bce

Starring:

Alexis Tsipras

Jean Claude Juncker

Angela Merkel

François Hollande