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Spirit of Contradiction

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offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

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Spirit of Contradiction >>

Public Inquiry
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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2019/09/20 ? Open Thread Fri Sep 20, 2019 20:30 | Herb Swanson
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offsite link Iran vs Saudi Arabia: it?s game-over Thu Sep 19, 2019 18:49 | The Saker
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offsite link Karbala, The Path of Most Resistance Thu Sep 19, 2019 16:32 | The Saker
by Mansoureh Tajik for The Saker Blog By way of introduction, I would like to borrow words from The Saker that explain, rather concisely, the ?why? of the essay you

The Saker >>

Greece Proposes Plans to Tackle Tax Evasion and Corruption

category international | eu | news report author Thursday April 02, 2015 15:20author by Jubilee USA Network Report this post to the editors

Greece submitted a list of economic reforms to the European Union (EU) in an effort to secure emergency financing.

Greece submitted a list of economic reforms to the European Union (EU) in an effort to secure emergency financing. The reforms include proposals to raise revenue by curbing tax evasion and corruption. Eurozone leaders rejected a prior Greek reform plan over the weekend. Greek Interior Minister Nikos Voutsis told Germany's Spiegel news magazine that Greece may not make its €450 million payment to the International Monetary Fund (IMF) if it does not receive more financing by April 9. Government spokesperson Gabriel Sakellaridis denied that Greece would forgo IMF payments.

"This is a poker match between Greece, the IMF and the EU," said Eric LeCompte, Executive Director of the religious debt relief organization Jubilee USA Network. "The stakes are high with millions of ordinary people's lives on the table."

Greece's Syriza party vowed to end austerity measures and renegotiate the country's debt after winning national elections in January. The Greek government submitted a list of proposed reform measures in February to unlock a four-month extension to its current loan deal with the EU, IMF and European Central Bank. The EU rejected those proposals and instructed Greece to submit new reforms. Greece is also seeking debt relief and indicated it would pay for domestic services before paying its debt if forced to choose. Greece is the most heavily indebted country in Europe and the third most indebted in the world.

"This ongoing dispute is more evidence that we need a global bankruptcy process with clear rules," said LeCompte, an expert to United Nations finance working groups. "Otherwise we're just gambling with people's lives."​

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