We are moving towards the creditors? Greece has sent the plan of reforms
Late last night
Greek government sent
Eurogroup 12-page reform plan,
those who need to review and
agree for two days.
Perhaps it was this plan will form the basis
for a new program of assistance to Athens.
Critical issues
solved these days in Greece - in particular,
reforms were discussed related to
budget, the transformation of the pension
system and the reform of the labor market. But
it is not clear whether this is sufficient for
obtaining new loans, doubts
expert of The Wall Street Journal.
For example, Greece now!
already agreed to increase VAT and taxes on
restaurants, as well as to repeal benefits for
Islands - then plan to get more revenue by 1% of GDP in
year. Also not ruled out reduction
costs to the pension system. Actually
Greece agreed to accept the offer
European lenders put forward
last time (June 26) and after the rejected
Greeks in a referendum.
In addition, Greece
It proposed to restructure again
debts and to allocate EUR 35 billion to
support economic growth, according to
Bloomberg. "The Greeks clearly made considerable
concessions, taking a number of recent requirements
creditors. Let's see whether they want
lenders additional measures of fiscal
economy", - says the analyst of Daiwa
Capital Markets Chris Scicluna. According to information
publication Financial Times, the reform plan
We developed together with the European
Commission and the French Government,
who believe in the future of Greece.
This plan changes
today should consider Greek
Parliament tomorrow will discuss his ministers
Eurozone finance, and will decide to become
whether it the basis for an agreement.
Until now, against
write-off of Greek debt stands
Germany, although the European Council had long been ready
answer "on realistic proposals
from the Greek "" realistic
Proposals for Sustainable
debt. " Then all will benefit.
Recall that Greece on Wednesday filed
application for financial
assistance from the European
stabilization mechanism (ESM).
Sunday - this is an extreme
a period when the EU summit should take
political solution with regard to bailout
Greece. If the decision is not accepted, will
countries of the eurozone exit scenario.
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