By 22nd June, Varoufakis was utterly at odds with PM Tsipras whose continual concessions to the troika meant acquiescence on most fronts, including crucially debt restructuring. In this document Varoufakis attempted to introduce moderate restructuring operations that, while insufficient, would have reduced some of the debt burden at no cost to the creditors. Read the […] Read more
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11 June – GREEK MoF ANTI-MoU Mk2
On 11th June – exactly a month after Varoufakis issued his comprehensive ANTI-MoU – a new version appears entitled ENDING THE GREEK CRISIS. In the meantime, PM Tsipras had (without Varoufakis’ approval/knowledge) conceded enormous primary surpluses (austerity). Varoufakis, despite his vociferous disagreement with PM Tsipras’ concessions, incorporated the new fiscal targets in this ANTI-MoU which […] Read more
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17 May – VAT Reform Proposal
On 17th May, following their verbal agreement with the IMF’s Poul Thomson to reduce the number of VAT bands to two while also reducing the VAT rates substantially, Varoufakis submitted a detailed VAT proposal to the troika (below). This was refined, simplified and costed a few days later. Download the refined version as Excel VAT […] Read more
On 11th May, 2015, Varoufakis issues, and submits for public scrutiny, his ministry’s ANTI-MoU – that is, a comprehensive policy framework for Greece’s recovery and growth. Read it here Read more