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In another surprise strategy and indirect warning to Athens and the Commission that "a rigorous fiscal policy is not over", Berlin has blocked the € 15 billion tranche in more than five Greece
The German MIK, overcame the approval of the 18 countries and referred the disbursement in August after the completion of the national procedure in Germany
The reason for the German blockade was the decision of Athens to freeze the VAT increase on the five Aegean islands affected by the refugee crisis. However, as it was known – through its twitter, the ESM Board of Directors approved in principle the last disbursement of 15 billion euros to Greece
In marginal efforts to create a problem at the exit of the country by (19659002) The first ten days of August should release the last installment of the program and, as Mr. Reggling, Moskovis and Senteno, have said. Greece's commitment To bridge the gap of 28 million other areas of spending creates a neutral financial impact. Indeed, they have even encouraged our country to remain faithful to its commitments so as not to jeopardize the confidence of the market
Relevant news: P. Burned: The reorganization of the units could provide funds to reduce VAT on Islands
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Advertisement [19659015] On http://www.ert.gr, we read:
In about 20 days, the tranche of 15 billion euros should be paid to Greece, as a German counterpart it belonged to the Eurogroup to clarify first the equivalent measures to cover the loss of 28 million euros. Euros resulting from the six-month extension of the VAT increase on five islands in the eastern Aegean Sea: the government spokesman, Pierre Moskovis There is a case of fiscal failure A spokesman of the German Ministry of Finance said that Sölz is bound by a Parliament decision that any change in the implementation of the Greek program should concern the pre-budget committee
At the beginning of August, before the end of the Greek program, the remaining 15 billion will be disbursed after the completion of the last evaluation. Meanwhile, Greece is being asked to find equivalents of 28 million euros because of the maintenance of a low VAT on the islands by the end of the year as soon as the National process will be completed, the disbursement will be completed soon before the end of the program
According to the Defense Minister, losses of 28 million euros will be offset with defense cost savings
Increase of 834 million euros was the primary surplus of the general government in the first five months, compared to the same period last year, according to the Budget Office of Parliament
Clarifications of German L Minister of Finance Sofie
German Finance Minister Olef Soldch has voted in principle to the Eurogroup in favor of the payment of the last tranche of 15 billion euros, pointed out in a pot-le Government's wine in Berlin spokesman for the Ministry of Finance In a question from Deutsche Welle, Mr Solts is bound by a decision of the Parliament, according to which any change in the implementation of the Greek program should concern [Source]
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