Thursday April 17, 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)  
Judges warn GD holdups over lifting of immunity could lead to suspects´ release
Tensions in SYRIZA as EP election list finalized
Greenpeace warns Greek bees at risk due to ‘toxic cocktail’
Writer slammed for questioning Holy Fire
Euro award institutions choose Greece
Two major European corporate award ceremonies will take place in Athens for the first time in the coming months. They are the European Business Awards, which recognize the continent’s most i...
Mission to woo Russian visitors
The Association of Greek Tourism Enterprises (SETE) has set its target for this year’s tourist arrivals from abroad at 18.5-19 million and revenues at 13 billion euros, as bookings from fore...
Inside Business
SOCCER
Greek soccer turns fishier than ever
Soccer in Greece reached new lows in scenes unseen since the national team’s triumph in Euro 2004, as PAOK and Olympiakos served up a cup semifinal with PAOK emerging as the winner and the s...
BASKETBALL
Defense lets Olympiakos down at Madrid
Olympiakos played second fiddle to Real Madrid in a rather spectacular game in Spain on Tuesday going down 88-71 to trail 1-0 in the best-of-five quarterfinal series with the Spanish giant. ...
Inside Sports
COMMENTARY
Stopping the madness
Greek society is threatened by an overdose of madness and hatred. To be sure, behind the rise of polarization and of extreme – sometimes extremist – views is the harsh reality of the debt cr...
EDITORIAL
Fundamental contradictions
The deep division running through the ranks of the country’s main opposition party regarding the euro and how Greece’s negotiations with its partners and creditors ought to be carried out is...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek soccer turns fishier than ever
2. Euro award institutions choose Greece
3. Mission to woo Russian visitors
4. IOBE: Reforms are the only way for economy to return to growth
5. Piraeus steals show as stock index recovers
6. Judges warn GD holdups over lifting of immunity could lead to suspects´ release
more news
Today
This Week
1. EU struggles to unpick the knot of Russia-Ukraine gas logistics
2. Stormy weather expected in northwest, central Greece
3. Greece to assist search for remains of Turkish pilot
4. Illegally claimed pensions cost state over 12.5 million euros
5. Bad weather leaves northwest town powerless
6. University admission exams to commence May 28
Today
This Week
1. Bomb explodes outside Bank of Greece
2. Time to take a hard look at debt sustainability, says OECD chief
3. For faith and country
4. CCTV footage from Nigrita Prison shows signs of inmate torture [Video]
5. Samaras sees no need for third bailout
6. Car bomb explodes outside Greek Central Bank building, no one hurt [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.