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 aim of the benefits announced yesterday by Prime Minister Alexis Tsipras is clear and specific.
Under pressure after it was revealed that he vacationed last August on a shipowner's yacht, the PM hastily presented his already planned fiscal stimulus package in an effort to change the unfavourable political climate.
People watch a TV screen as Greek Prime Minister Alexis Tsipras announces bailout relief measures during a press conference, in Athens, Tuesday. Greece's left-wing prime minister has promised crisis-weary voters a series of tax-relief measures ahead of elections, after outperforming budget targets set by bailout creditors. [AP]
For three days, 8-10 May, Greek politics will be focused on a vote of confidence that will be held on 10 May
Prime Minister Alexis Tsipras has invoked his parliamentary right to turn New Democracy leader Kyriakos Mitsotakis' no-confidence motion against his alternate health minister Pavlos Polakis into a vote of confidence in the government.
Finance Minister Euclid Tsakalotos on Thursday said he is planning to meet with Prime Minister Alexis Tsipras on Saturday to decide on the handouts the government will be announcing next week, in an effort to capitalize on the primary surplus overrun projected for this year, according to figures forwarded to the European Commission.