Tuesday, July 28, 2015

Brussels ensures that troika does not control finances of Greece – TVI24

A spokesman for the European Commission Mina Andreeva said on Tuesday, which are “false” and “baseless” the information you realize that the troika controls the tax revenue system in Greece, ensuring that institutions only give support technical.

“To claim that the troika controls is simply not true,” said Mina Andreeva, after questioned by journalists on statements by the former finance minister of Greece Yanis Varoufakis.

The spokesman assured that the intervention of the institutions – the European Commission, European Central Bank and International Monetary Fund – is only “technical assistance”.

The negotiations between Greece and international creditors for a third bailout, estimated at up to 86 billion euros to three years, began officially on Tuesday .

A dozen technicians from the European Commission (EC), European Central Bank (ECB), the European Stability Mechanism (ESM) and International Monetary Fund (IMF) visited this morning the General Accounting Office.

For more than a year that the representatives of the European Commission, ECB and IMF not moved to the country .

In this first stage of the negotiations, the technicians will collect data on the state of public finances to make a new assessment in the light of the impact it had imposed banking restrictions a month ago on financial developments.

The negotiations aim to finalize the new loan to the country, an amount that could reach 86 billion euros, after an agreement in this sense was reached on 13 July, after tough talks between Athens and the leaders of the eurozone countries.

However, despite the understanding, Greece may have to approve further austerity measures to get as quickly as possible to help steady the third rescue.



“are expected to further reforms by the Greek authorities to enable rapid disbursement under the ESM,” he stressed the European Commission spokeswoman Mina Andreeva, a conference press. “This is also being discussed now,” he explained further.

Athens and Brussels want negotiations are completed before the second half of August.

Greece, which faces liquidity problems, you must pay the 20 August more than 3 billion euros to the ECB and 1.5 billion euros to the IMF in September.

According to a Greek conservative daily, some members of Syriza, including Yanis Varoufakis designed a plan that foresaw the creation of a shadow banking system and that included hacking passwords of taxpayers and businesses.

The controversy erupted over the weekend. The Kathimerini newspaper published excerpts from a conference which took place on July 16 and in which finance Yanis Varoufakis the former minister will have explained to the international investors ‘Plan B’ of Syriza. The meeting will have been coordinated by Norman Lamont, former minister of the UK Treasury, and Varoufakis know that the conversation was being recorded .

Varoufakis would be working with a small team of only five people. The scheme involved have access to the passwords that taxpayers and businesses use to access the tax authorities. This would create a parallel banking system and, if the banks were forced to close, the operations of state and economic agents would be safeguarded. In euros, but also in drachmas, if necessary return to the old currency.
 
                                                                                     

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