Monday ‘opens a crucial week for the Greek crisis: the extraordinary Eurogroup, initially planned for the 15, has been brought forward to 12. The meeting of the ministers should prepare Eurosummit will follow soon after, at 19. On the table of the CDM today, measures that Athens will present Monday to summit
– Stop early retirement from from January 1, 2016 . Increase the “solidarity tax” for people who earn more than 30,000 euro per year and for the companies that have revenues in excess of 500,000 Euros, according to a government source quoted by Bloomberg.
– Tax measures for 2% GDP – Athens would be ready to take measures permanent tax equal to 2% of GDP in Greece and the measures would ask creditors for 2.5%: according to reports from a government source agency Bloomberg. 0.5% missing would be covered – according to the source – from other “administrative measures”.
The greek government would agree with the goal required by creditors to achieve a primary surplus of 1% of GDP. Athens would insist for three VAT rates (creditors are demanding 2) and aims to bring more products to the range of 23%.
– Spending automatic if SFOR budget – Cutting automatic spending if SFOR clause threshold of “zero deficit”. Moreover Athens would be ready to further fiscal measures if the agreement with creditors will include a cut debt of Athens
No comments:
Post a Comment