Saturday October 25, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
EU/IMF officials in Athens to examine more cuts

Officials from the EU and the IMF have said they expect the government to do more to fight tax evasion.

Representatives of Greece's international creditors were expected in Athens on Monday to examine ways of saving an additional 11 billion euros in a bid to keep the debt-wracked nation in line with the requested fiscal targets.

The measures, designed to take effect in the next couple of years, are expected to focus on spending cuts rather than revenue raising. Reports on Monday said they will most likely affect Greece's welfare programs and public administration.

Officials from the European Union and the International Monetary Fund have said they expect the government to do more to fight tax evasion, which is notoriously rampant in the country. The campaign must generate an additional 3.5 billion euros or more cash-raising measures will have to be introduced.

Representatives of the so-called troika were also on Monday expected to examine a bill for the liberalization of the taxi sector -- which has been the source of rift inside the interim administration -- as well as other reforms that the government has promised to implement before calling elections.

In an interview with Antenna TV on Monday, government spokesman Pantelis Kapsis repeated that parliamentary elections will be held on April 29 or May 6.

Three opinion polls published in recent days showed New Democracy conservatives in the lead. Kapa Research’s survey for To Vima newspaper had the conservatives on 18.1 percent, the MRB poll for Real News on 20.3 percent and MARC’s survey for Ethnos on 17.8 percent. PASOK socialists were second in all the polls but the low levels of support for the two mainstream parties suggests prospects of a clear majority in the election are thin.

New PASOK leader Evangelos Venizelos is said to be open to the idea of a coalition with the conservatives, but sources say he will insist on a non-partisan figure being appointed prime minister if there is not a considerable difference in the votes cast for the two parties. In such an eventuality, it would be likely that current Prime Minister Lucas Papademos would be asked to remain in place.

In an interview with the BBC to be published on Monday, German Chancellor Angela Merkel said that allowing Greece to exit the eurozone because of its debt problems would be “catastrophic.”

"We have taken the decision to be in a currency union. This is not only a monetary decision it is a political one,” Merkel told BBC's Newsnight program.

"It would be catastrophic if we were to say to one of those who have decided to be with us, 'We no longer want you',” she said, adding that the exit of a member country is not foreseen in the EU rulebooks.

ekathimerini.com , Monday March 26, 2012 (13:30)  
Samaras pledges action after flash floods in Athens
No court hearings for civil cases
Greece’s lenders seem adamant that gov’t must act on bailout commitments
Future of Attica trash set to become clearer
Nicosia says reforms are bringing results
Economic reforms in Cyprus are starting to yield results, the government said on Saturday after one credit-rating agency upgraded its rating and a second its outlook for the bailed-out count...
TAIPED waits for green light from Eurostat
Eurostat has frozen the securitization of properties that the Hellenic Republic Asset Development Fund (TAIPED) had been planning. The project, drafted to bring some 400 million euros into t...
Inside Business
BASKETBALL
A win is a win is a win for Olympiakos
A bad Olympiakos defeated a worse Laboral Kutxa 63-57 to make it two out of two in the Euroleague on Friday. In a game where the two teams had an overall field goal rate of about one in thre...
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
Inside Sports
COMMENTARY
End of reason, end of humanity
The effects of a slew of new and increased taxes introduced since the start of the crisis were first observed in the wages of those still fortunate enough to have jobs, who saw their take-ho...
EDITORIAL
Banks need to step up
What has been leaked so far regarding the results of the stress tests on Greece’s lenders, which are due to be published on Sunday, appears positive. Greece needs a healthy, private banking ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Nicosia says reforms are bringing results
2. Samaras pledges action after flash floods in Athens
3. No court hearings for civil cases
4. Greece’s lenders seem adamant that gov’t must act on bailout commitments
5. Future of Attica trash set to become clearer
6. Policeman admits to murder of his cousin-in-law
more news
Today
This Week
1. End of reason, end of humanity
2. Banks need to step up
3. Nicosia says reforms are bringing results
4. Two small boats sink at Lavrio port
5. Patra university students to stage sit-in protests over accommodation
6. No court hearings for civil cases
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greece’s closed society is central to its current malaise
3. Greece must stick to reforms, says Schaeuble
4. At least 11 banks to fail European stress tests, three in Greece, report says
5. Cyprus to block Turkey's EU talks after EEZ violation
6. Stop moaning and get in the game
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.