Researches about Ukraine

Questions grow around Greece’s ability to pay IMF despite submitting improved reform list

Open Europe

Questions grow around Greece’s ability to pay IMF despite submitting improved reform listGreece yesterday submitted its latest reform list to its European partners. The Financial Times published a copy of the 26 page document, which aims at raising up to €6bn in revenue. The cash comes from areas such as: an audit of offshore bank transfers (€875m) and a new lottery scheme aimed at compelling people to demand VAT receipts (€600m). However, the list also includes new spending pledges, seeming reversal of previous reforms and includes little on pension and labour market reform – seen as crucial by the EU/IMF/ECB.
The …read more

Source: Open Europe

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