Greece will present a reform plan in Brussels today 7,3 billion euro which provides for a balance sheet and measures to combat smuggling, according to what Bild wrote today. The letter, which will serve to unblock the four-month extension of the bailout plan, has not yet arrived, but the European Union lets it be known that there is time until midnight.
In particular, according to the German newspaper, from the fight to petrol traffic should derive revenues for 1,5 billion and 800 million from that against the cigarette smuggling. Furthermore, another 2,5 billion would be the result of a tax on large estates (in particular oligarchs and shipowners) and another 2,5 billion would come with the recovery of tax backlog by individuals and businesses.
The plan will have to be evaluated by Greece's international creditors (ECB, IMF and EU Commission) and approved by the finance ministers of the 19 euro countries in a conference call tomorrow. Afterwards, the green light from Parliaments from Germany, Holland, Italy, Portugal, Finland, Estonia and Slovenia, as well as from Greece. All by February 28, the day on which the ongoing aid program expires.
The European Commissioner for Economic Affairs, Pierre Moscovici, explained that the European Commission expects an "ambitious" but "financially realistic" reform plan from Greece. Speaking on France 2, the former French minister reiterated that "it is not a matter of imposing austerity in Athens", because we need to "help the Greek people, but at the same time we need to be realistic".
