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Tuesday, 15 December 2015

Greece: Debating (and Postponing) the Cuts

From eKathimerini

"Authorities won some time by putting off until January hugely unpopular plans for pension sector reform and postponing until mid-February a decision on whether the mortgages on first homes and loans held by small and medium-sized businesses will also be opened up to a new market selling NPLs. The regulations going to a vote on Tuesday night only concern loans held by large corporations, with a staff of more than 250 people and a turnover in excess of 50 million euros a year, and mortgages on properties that are not first homes".

- τα δύσκολα θέματα –ασφαλιστικό, συντάξεις, φορολόγηση αγροτών, φορολογικό νομοσχέδιο– έχουν μετατεθεί για τον επόμενο μήνα

Still many hurdles to jump.

Progress of previous years reversed in just a few months, eKathimerini

Creditors force Greek gov’t to withdraw economic bill to secure aid, sources say

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