HRADF outlines major privatisation plan, no timelines given
Despite speculation, post-MoU credit line seems unlikely
Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
Conclusion of third review closer as extensive bill tabled by coalition
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
Multi-bill on way as Athens aims to complete third review by Jan 22
IMF examines how Greece accumulated large pile of unpaid taxes and contributions
The issue of Greece’s exceptionally high tax and social security debt is discussed in an International Monetary Fund paper published with the release of the Article IV consultation and ex-post evaluation earlier this week.
The total amount of this type of debt stands at 115 billion euros, corresponding to 70 percent of GDP, which is by far the highest in Europe. In addition, almost half of taxpayers and half of security contributors are currently in debt to the state, the...
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