IMF mission chief: Measures in wrong direction

The tax measures announced by Prime Minister Alexis Tsipras on Tuesday are in the opposite direction to where they should be headed, International Monetary Fund mission chief for Greece Peter Dolman said on Thursday in Athens, as European officials continued to informally express their concerns over the handouts.

The Tsipras package might not be aligned to Athens' commitments to creditors, one eurozone official said, while another noted that the government is promoting the sort of fiscal easing the European Union had expressed fears about in its debt sustainability report.

Having just completed the three-day negotiations with the government in Athens, in the context of the joint IMF-eurozone mission for the third post-bailout assessment, Dolman told a conference of the Economic Chamber of Greece, that Athens ought to aim at expanding the tax base so as to generate...

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