Wednesday, April 1, 2015

Credit: Greece discussed of late repayment of IMF loan – Times Online

The EU continues to wait for the reform list of Athens. The Greek interior minister says his country emergency’m different about money. The Ministry of Finance contrary.

 Greece is struggling to repay its debts

Greece is struggling to repay its debts | © Kostas Tsironis / Reuters

In the debt dispute with the euro zone, the Greek government is now threatening with of late repayment of a loan from the International Monetary Fund (IMF). “If no money flows until 9 April, we will first pay here in Greece the salaries, pensions,” the Greek Interior Minister Nikos Voutzis told the mirror . You could then have his country but the 450 million euros to the IMF did not return any money on time. The displacement of the loan repayment should “happen in agreement, so no default occurs”. But that would be a violation of the IMF-order.

Just two weeks before the Greek Prime Minister Alexis Tsipras had suggested a similar approach. In a letter to Chancellor Angela Merkel, he had then warned that there could be non-payment if his country did not get short-term financial assistance.

The Greek government hopes actually to mid-April to further financial assistance of international donors. In an extended pilot program seven billion euros are committed. A first tranche could but not before the end of May to flow Voutzis said – and were even brought from Greece when the expected reforms of the creditors accepted and in Athens on the way. Therefore, the government is trying currently to get money from other pots

The Athens of Finance of the representation Voutzkis was posted on Wednesday rejected. “. The money is there, we will pay on time,” said an employee of the Deputy Finance Minister Dimitris Mardas.



“Accidentally” on proven money

Greece is struggling with the financial backers of the euro zone for weeks about the condition for further loans. The left Prime Minister Alexis Tsipras would like arrangements of previous Conservative government dissolve with the troika, because they are antisocial.

EU, IMF and European Central Bank complain, however, that there is currently no reliable alternative proposal from Athens. Would discuss individual reform measures, without previously giving a package. On possible reforms are more to combat tax evasion and privatization of ports and airports. Also over the Easter weekend away there will be contacts between experts of donors and Greece. Meetings are not planned.

One idea is present also, whether there should be partial payment of a total of 7.2 billion euros. In the mirror named Voutsis more opportunities for his country, to get money. So urges the Greek government by the European Central Bank profits, which they scored with the purchase of Greek government bonds. These were 1.9 billion euros. There would also be 1.2 billion euros from the European rescue fund EFSF, “we have inadvertently transferred,” said the Secretary.

The Greek Finance Ministry announced on Wednesday that a new program to control the tax liabilities success have. 150.00 Greeks had been paid in recent days, a total of 147 million euros in evaded taxes. They were partially settled by the 1970s, reaching back debt. The program promises not to punish the respective tax evasion in repayment and also to raise any penalty taxes.



Tsipras’ Russia-close handles the EU

In the week after Easter Premier Tsipras wants to travel to Russia, which alarmed representatives of the EU. Monetary Affairs Commissioner Pierre Moscovici warned Tsipras about to search through close proximity to Moscow. “It is clear that Russia is not an option for Greece,” he told the Portuguese newspaper Diário de Notícias . Greece’s place was on the side of the 18 other EU countries.

Russia had the new Greek government has already promised to help. The troubled European representatives that the Greek Prime Minister had recently asked the EU sanctions against Russia in question.

Thousands of nationwide demonstrations earlier Greeks on Wednesday called for a withdrawal of the reduction of their pensions. The largest demonstration took place in Athens, where pensioners sticks swinging maschierten the Ministry of Labour. The Greek ruling party SYRIZA had promised improvements in the election campaign.

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