Sunday, July 12, 2015

Tsipras was accepted in Parliament – Dagens Industri

Far into the night finally got Prime Minister Alexis Tsipras parliamentary approval for his reform plan to save the country from the crisis. Signals also came during the evening that lenders are positive.

The question now is how the Greek people down to their prime minister’s political pirouettes.

The vote ended after several hours of debate and the proposal had a comfortable majority, 251 voted yes and 32 no. Eight members should have abstained and nine were absent, according to several media.

indigestible for many

Some members belonging Tsipras left party Syriza were those who abstained from voting, including the second President of Parliament and the country’s Energy Minister.

The safe was night process in Parliament indigestible for many Greeks. The same man who a week earlier urged the Greek people to vote against the lenders åtstramningsbud, now demanded a yes to his own – by many considered harder – reformbud.

Then, a week ago, got the Prime Minister a hearing for their arguments inter alia, was to the Greeks should not let themselves be subjugated, and the no side won big in the referendum.

But now it was about to take “national responsibility”, argued Tsipras before the night’s vote:

We have a national responsibility to keep our people alive … we will be successful, not only to stay in Europe, but also to live equal and equivalent.

Tsipras also claimed that the conditions the government is now itself proposed the lenders are “better at several points” than that previously submitted to Greece an ultimatum.

Hope for debt relief

He also explained that he now expect serious talks with lenders about “restructuring” of Greece’s debt – in plain language that he has hope that the debts should be written down.

The Prime Minister acknowledged, however, that the government has been forced to measures not included in its program .

After the night’s vote confirmed Tsipras according to Reuters that he “has a strong mandate to conduct negotiations to reach an economically viable and socially equitable agreement.”

Tsipras also said that ” The priority now is to get a positive outcome in the negotiations. Everything else is subordinate. “

The measures recalls therefore largely on the requirements that lenders have had in Greece, but they also want the Greek government in exchange for the package wants a three-year loan at 53, 5 billion. This money will be used to pay the country’s debts, according to the document submitted to the lenders late Thursday.

The troika positive?

On Saturday, the finance ministers of the euro area meet for to consider the proposal. On Sunday it will be the summit where the whole EU heads of state and government will consider the proposal.

But even before the night’s vote came it signals that the lenders will make thumbs up, reports news services Reuters and AFP.

The information came from a source familiar with the situation analysis as the so-called troika – the EU kommissonen, European Central Bank and International Monetary Fund – implements.

Business Taxes will be raised to 28 percent.

A review carried out by the pension. A sum equivalent to one percent of GDP should be saved by this, the possibility of early retirement is said to disappear.

Before the year 2022, the retirement age has been raised to 67 years.

The fight against tax criminals escalate.

Islands tax relief scrapped.

The defense budget will be reduced by 300 million euros – 100 million this year and 200 next year.

The privatization of regional airports and the ports of Piraeus , Thessaloniki and Hellinikon.

VAT Taxation in hotels at 13 percent and 23 percent for restaurants and catering.

The surplus target should be reviewed as the situation has changed.

Source : Reuters and The Guardian.

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