Welcoming the results of Greece’s attempt to tap the markets on Tuesday, Finance Minister,
Of the 3.5 million people that will see their Uniform Real Estate Ownership Tax (ENFIA) reduced by 30 percent, one million belong to the middle class, Finance Minister Euclid Tsakalotos said on Friday in an a interview with “To Kokkino Thassalonikis” radio station.
“From now onwards, despite high primary surpluses, we are creating fiscal space that allows for lower taxes and significant spending for hospitals and schools,” Finance Minister Euclid Tsakalotos said on Tuesday.
Greece will be subject to the surveillance that applies to all eurozone countries, and the budget plan will be governed by the rules applicable to each country, EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici stressed in the Greek Parliament on Tuesday.
European Commissioner for Financial Affairs Pierre Moscovici will visit Athens on 2 and 3 July.
Finance Minister Euclid Tsakalotos will present to Prime Minister Alexis Tsipras in July a report showing where tax breaks of 700 million euros can be delivered in order to be included in a draft of next year’s budget, the minister told Athens-Macedonian News Agency.
There will be no new memorandum after Greece’s exit from the programme, the chief of European Stability Mechanism (ESM) Klaus Regling clearly stated on Friday, underlining that while surveillance will be stricter there will be no new conditions.
A staff level agreement was concluded a few days ago, we have one month (to complete) the prior actions, a discussion on debt relief continues, it has been almost concluded, and we know the quality of the post-memorandum surveillance under the article 472, Finance Minister Euclid Tsakalotos said on Wednesday.
The Greek government’s deliberations with the heads of the institutions’ missions on Thursday will focus on fiscal issues, including changes in set real estate state values for tax purposes (“objective values”) and issues related to the health ministry and the administration restructuring ministry.
Finance Minister Euclid Tsakalotos and Alternate Finance Minister Giorgos Chouliarakis met on Friday with IMF’s chief Christine Lagarde and with Poul Thomsen, EU Finance Commissioner Pierre Moscovici, Eurogroup President Mario Centeno, French Economy Minister Bruno Le Maire and European Central Bank President Mario Draghi.