If measures are taken to ease the debt, there should be no need for primary surpluses to reach 4.5 pct of GDP
By Sotiris Nikas
The government is planning to raise the issue of changing the fiscal targets when talks on the sustainability of the Greek debt begin at the end of August, in an effort to loosen fiscal policy after a long period of austerity.
As of next year the Finance Ministry will have full access to property and transaction details and changes
By Prokopis Hatzinikolaou
The government is stepping up its battle against tax evasion with new monitoring tools which should leave little leeway for people who hide their incomes or fail to pay their dues.
After four years of tax increases that have strained Greek households and businesses, the Finance Ministry is planning to introduce tax cuts from next year for salaried workers, pensioners and self-employed professionals but this will depend on authorities boosting tax collection rates, Kathimerini understands.
The board of the International Monetary Fund, one of Greeces three international creditors, is to convene before the end of this month as planned to approve the release of a 3.6-billion-euro tranche of pending rescue funding, the Finance Ministry said in a statement on Saturday, rejecting press reports suggesting the meeting would be delayed.
Some 124,000 people received a total of 14.3 million euros in heating benefits this week, the government said on Friday.
This takes to 169 million euros the total paid out to Greek families this past winter to help them meet their heating costs.
The Finance Ministry said that heating benefits for more than 830,000 families were approved this year.