Saturday May 30, 2015 Search
Weather | Athens
14o C
09o 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)  
Panaritis appointed Greece´s IMF representative amid SYRIZA complaints
Police confirm two arrested, one dead in raid to catch bank robbery suspects
Some blame EU Commission for Greek obstinacy in debt talks
Charity funding to help students vie in Olympiads
Greece locked in talks with creditors as payment clock ticks
Greek officials and creditor institutions are locked in talks for another weekend as both sides work against a payment deadline to avert default and a euro-region exit. “The key issue is to ...
Effects of potential Greek default for banks not clear, ECB´s Constancio says
The effects of a potential Greek default on the country's banks cannot yet be predicted, ECB vice president Vitor Constancio said on Saturday, stressing that he did not foresee a default. If...
Inside Business
SOCCER
Wemmer pens three-year deal with Panathinaikos
German defender Jens Wemmer has signed a three-year contract for an undisclosed sum with Panathinaikos, the Greek Super League club announced on Friday. Right-back Wemmer, 29, has been playi...
SOCCER
Panathinaikos conquers PAOK through Tavlaridis goal
A Stathis Tavlaridis goal has brought Panathinaikos to practically within one point from clinching a spot in next season’s Champions League qualifiers, as the Greens made it three out of thr...
Inside Sports
COMMENTARY
Zenobia, Barbara, Christine and the general’s daughter
ATHENS – Lovely Palmyra has fallen to the zombie horde and its people are being slaughtered as the ancient city awaits its fate. It is Friday, May 22, 2015, and from my window I see the end-...
INTERVIEW
The eurozone’s ‘ambiguous’ architecture
“That’s not something you’re supposed to say in public, right?” In his humble way, Thomas Sargent, Nobel Prize winner in Economics, tries to avoid the question posed to him by Kathimerini re...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece locked in talks with creditors as payment clock ticks
2. Effects of potential Greek default for banks not clear, ECB´s Constancio says
3. Panaritis appointed Greece´s IMF representative amid SYRIZA complaints
4. Police confirm two arrested, one dead in raid to catch bank robbery suspects
5. German bonds seen resilient as Greece talks produce false dawns
6. Checking lists of tax dodgers a slow process
more news
Today
This Week
1. Traffic accidents down in March
2. Greece open to compromise to seal deal this week, says interior minister
3. German bonds seen resilient as Greece talks produce false dawns
4. Some blame EU Commission for Greek obstinacy in debt talks
5. Police confirm two arrested, one dead in raid to catch bank robbery suspects
6. Panaritis appointed Greece's IMF representative amid SYRIZA complaints
Today
This Week
1. Hotel contracts with a ‘Greek default clause’
2. Some 300 mln left banks on Tuesday
3. Neither Grexit nor a dual currency will solve Greece’s problems
4. No more 'quick and dirty' fixes for Greece
5. Endless confusion and worry
6. Romantic notions meet reality
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.