It is there: The long awaited list of Athens is now available. The Tsipras Government agrees to comprehensive tax reforms and willing to further cuts in pensions. In return, she asks for a new aid program worth 53.5 billion euros. Whether that’s enough to creditors?
Shortly before the deadline at midnight, the government in Athens has submitted its list of candidates for reforms in the euro zone. The Greek proposals include, according to the government in Athens, among others, pension reform, an increase in VAT and privatizations. The civil service should be reformed, according to a 13-page document, which was released at night
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In return for the reforms Athens requested a three-year aid program and debt relief to overcome the acute financial crisis. The aid package has a circumference of 53.5 billion euros. Athens wants a solution to his enormous debt to “regulate” it says in the suggestion list. The national debt has reached now around 180 percent of gross domestic product (GDP).
Less early retirements, higher corporate taxes
In addition, touting the government in the paper to an investment package for Greece of 35 billion euros. Early retirement are difficult and the future pensioners are more involved in the health care costs. Among other things, the corporate tax and the luxury tax to increase the fight against tax evasion to be strengthened significantly.
as a reduction in defense spending Athens instead of the required offers 400 million euros for this year 100 million euros
The tax rebates for the greek islands to and for the coming another 200 million euros
for the wealthiest islands and those who will be painted with the most tourists and non -. as demanded by the creditors – for all the islands. Athens now agrees also in the sale of the remaining government shares in the telecommunications company OTE. In addition to binding deadlines for bids for the sale of state shares in the ports of Piraeus and Thessaloniki until October at the latest are installed.
Help from the ESM stability mechanism
The new reforms are a prerequisite for a third bailout package totaling 53.5 billion euros, Greece on Wednesday by the European Stability Mechanism (ESM) had applied
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Athens proposals come close to those claims that had set up in front of the breakdown of negotiations last month, the international creditors. But this offer is expired. Diplomats in Brussels stressed the meantime additional efforts are necessary, partly because the situation in the country has deteriorated dramatically in the face of closed banks and capital controls.
A haircut, as last demanded of Athens , should not be majority support among the creditors. Among others, Federal Chancellor Angela Merkel had a “classic haircut” rejected again on Thursday.
As the state news agency ANA reported, is scheduled to vote later in the day about the Greek Parliament, whether the Tsipras -Regierung to renegotiate on the basis of the new proposal list with creditors. The spokesman of SYRIZA parliamentary group, Nikos Filis, manifests itself in this regard confident
Check the institutions -. And silent for the time being
Offers Athens must also be checked (IMF) by representatives of EU and International Monetary Fund, and then submitted to the Euro-finance ministers, who meet on Saturday. The Chef de Cabinet of European Commission President Jean-Claude Juncker, Martin Selmayer, confirmed on Twitter the receipt of the list: “Now get Signed Three institutions will now examine…” Even the spokesperson of Euro group chief Jeroen Dijsselbloem acknowledged receipt of the list. Dijsselbloem would be to evaluation not comment on the proposals.
Enter the experts of the institutions as well as the euro zone finance ministers the green light, there will be a European Union summit in Brussels on Sunday, at the then participate all 28 EU countries. The summit will decide whether Greece receives new loans
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