Euclid Tsakalotos
Handout talk generates concern
The government is reportedly preparing a tax relief package ahead of the general election that is set to cost the state up to 4 billion euros per annum, while industrialists are warning of a likely temporary recession for the economy in the case of an extended pre-election period.
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Government withdraws bill that would slash fines on forged invoices after uproar
Straight on the heels of Finance Minister Euclid Tsakalotos' admission of the (unlikely and unwelcome as he said) prospect of a SYRIZA defeat in this year's general election, Deputy PM Yannis Dragasakis alluded to the prospect of a New Democracy victory while addressing opposition MPs in Parliament.
Dragasakis hints at prospective SYRIZA defeat, withdraws forged invoices bill
Straight on the heels of Finance Minister Euclid Tsakalotos' admission of the (unlikely and unwelcome as he said) prospect of a SYRIZA defeat in this year's general election, Deputy PM Yannis Dragasakis alluded to the prospect of a New Democracy victory while addressing opposition MPs in Parliament.
Tsakalotos discusses a ‘win-win’ IMF repayment
Finance Minister Euclid Tsakalotos met on Friday in Washington with the managing director of the International Monetary Fund, Christine Lagarde, to discuss an agreement for the early repayment of part of the Fund's loans to Greece that would allow both sides to claim victory.
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Stage is set for early clearance of costly IMF loans
The decision for the early repayment of part of the International Monetary Fund loans to Greece is expected to feature in talks Finance Minister Euclid Tsakalotos will have in Washington on Friday with the Fund's Managing Director Christine Lagarde, as well as the head of the IMF's European Department, Poul Thomsen.
Payment plans for tax, social security dues are on the way
The proposed settlement frameworks for debts to the state and the social security funds in 120 tranches are set to be tabled in Parliament in the next few days. The payment plan for the funds will come first, while that on tax debts will follow, containing strict income criteria.
Greek FinMin confirms plans to pay off 'expensive' IMF debt early
Greek Finance Minister Euclid Tsakalotos on Tuesday confirmed recent reports that the government is planning to pay off early a part of the country's high-interest debt to the International Monetary Fund.
Athens affirms tax-free ceiling pledge to secure tranche
Finance Minister Euclid Tsakalotos reaffirmed Greece's commitment for the reduction of the tax-free ceiling at Friday's Eurogroup meeting, a pledge that appeared necessary for the eurozone ministers' decision to disburse the 972 million euros due to Athens.
After tranche, government preparing for additional pre-election benefits
The government appeared to be preparing for another round of pre-election handouts on Wednesday after the European Commission indicated that Greece had honored most of its bailout-related commitments, paving the way for the release of around 1 billion euros in funding.
EWG green-lights tranche disbursement for Greece
The EuroWorking Group (EWG) meeting on Wednesday concluded that Greece has completed the implementation of the reforms agreed with its creditors and will recommend the disbursement of an outstanding 1-billion-euro tranche to the country at the Eurogroup scheduled for Friday, according to eurozone sources.
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