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Wednesday, 4 February 2015

Greece: Developments (Eurogroup - "Full implementation of key reform measures"; SYRIZA - New Taxes Planned)



Hardly worth posting on a daily basis while things are so fluid, but here are some recent items of interest:

Keep Talking Greece on Thursday's talks in Germany

Reuters

"The Eurogroup needs a clear and front-loaded commitment by Greece to ensure full implementation of key reform measures necessary to keep the programme on track" (document, seen by Reuters, said in reference to euro zone finance ministers).

Kathimerini, on changes in preparation re taxation, property tax etc

The new government "is also planning to implement a large property tax (LPT) that will concern not only real estate but also big bank deposits, works of art and other investment tools, with a tax-free threshold of 300,000 euros".

More from Keep Talking Greece

Greek Finance ministry statement (extract, edited):

"The government ...remains unwavering in its goal of a social salvation programme approved by the vote of the Greek people, and it consults with a  view to drawing up a European policy that will finally end the self-reinforcing crisis of the Greek social economy.”

More from Kathimerini

ECB fires warning shot by refusing to accept Greek gov't bonds as collateral

Update

What the ECB's move on Greek government debt is really all about

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