Haris Theoharis

Theoharis quits Potami, to continue as independent MP

To Potami deputy Haris Theoharis, the former general secretary for public revenues, revealed Tuesday that he is leaving the centrist party to continue as an independent MP.

In a letter to Potami leader Stavros Theodorakis, Theoharis said that he had become disillusioned with the party and felt that it is not providing the voters that supported it with "something new."

Omnibus bill passes through committees, to be presented in Parliament on Thursday

Following marathon discussions, the majority of articles and clauses of the omnibus bill of prior actions as part of Greece’s bailout deal with international creditors passed through. The bill will be presented to Greek Parliament’s plenary at 1 p.m. and will be voted late on Friday.

Varoufakis wanted to charter the return to the drachma step by step

Sources state that former Finance Minister Yanis Varoufakis’ preparations for the drachma were built up step-by-step. Centrist Potami deputy Haris Theoharis said that Varoufakis plan for a return to the drachma had been on the table from the outset and he told Proto Thema that he still has his doubts as to whether efforts for the return of the old currency have been scrapped altogether.

Transfers that are obviously legal will be exempt from the 26 pct tax

Alternate Finance Minister Nadia Valavani (right) made on Friday two significant changes to the controversial regulation introduced in Parliament regarding a 26 percent provisional tax on corporate transactions with firms in countries of «privileged tax status,» such as Cyprus and Bulgaria.

Greece struggles to make debt math work amid bailout standoff

By Nikos Chrysoloras, Rebecca Christie & Vassilis Karamanis

 As talks over the disbursement of bailout funds for Greece drag on into their seventh consecutive month, the deadlock threatens to pull the country back into a recession this quarter, or even a possible default within weeks.

First prior actions to be completed by end-June

 Hardouvelis tells Eurogroup peers that reform effort is ongoing

Greece has committed itself to the immediate fulfillment of some prior actions required for the disbursement of the next bailout sub-tranches, the head of the Eurogroup stated on Thursday following a meeting of the council of eurozone finance ministers in Luxembourg.

Official’s departure leads to tax system disruption

Taxpayers trying to submit their annual income tax declarations or seek papers regarding their tax data were frustrated over the weekend as procedures were suspended in the wake of the forced resignation of the Finance Ministry’s general secretary for public revenues, Haris Theoharis, last Thursday.

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