The Eurogroup has received from the Greek reform proposals – RBC

Photo: Oleg Yakovlev / RBC

The Eurogroup has received from Greece’s new proposals on the reform program in exchange for regular loans. The press-secretary of the Eurogroup Michael Reyens, reports AP. Earlier Eurogroup set conditions that the new package was handed over to the negotiators until Friday, July 10.

Reyens also said that before the evaluation of the proposals head of the Eurogroup Jeroen Deysselblum will not give comments. The study of the documents, he said, will solve, whether they can become the basis for subsequent negotiations. Reuters news agency quoted informed sources said that the proposals of Athens has a point for Greece € 53,5 billion to June 2018.

As previously wrote RBC, the new reform package, developed by the authorities in Greece, can bring the country’s budget an additional € 12 billion, which is more than planned before.

According to media reports, as the emergency measures proposed to increase the income tax from 26% to 28% and raise VAT on luxury goods to 10 % to about 13%. From 13% to 23% should increase VAT on processed food, services, restaurants, transportation and a number of health services offered by the private sector. In addition, the rise of VAT for accommodation from 6.5% to 13%.

On Wednesday, July 8, Greece formally submitted a request for extension of the Eurogroup lending for three years. If the creditors do not approve the new proposals of Athens, then on Sunday, July 12 at the EU summit may be a question of withdrawal of Greece from the euro zone use.

Money on the crisis: how to make money on the problems of Greece Gallery The crisis in Greece, as well as any economic shock, makes it possible to earn. RBC asked the experts how and what to invest.
 
 It emerged in Greece financial collapse in motion many markets. While the world waits for a country coming out of the euro zone, or will, the financiers are trying to profit from it. Can a private investor to make the same in the Greek crisis? Hypothetically, yes.
 
 “A man with no experience in investing money certainly can, but guarantees that he will guess the direction of movement, no,” – says co-owner of “Private Capital” Boris Kozhukhovskiy. For the Guaranteed Income is important to understand the dynamics of a particular narrow sector. “For example, when it comes to real estate, you need to understand that the dynamics of prices for luxury housing, apartments economy class and business premises are different. So, during the crisis luxury housing in the UK did not lose in value, while the commercial became cheaper due to the decline in production “, – says Director of Personnel Management and the taxation of individuals in Russia and CIS KPMG Donat Podniek.
 
 If you do not have expertise, investing in risky assets in some way becomes akin to going to the casino. Therefore it is possible to invest only the amount of money that would not be sorry to leave, warns Kozhukhovskiy.
 
 In that invest money for those who are not afraid to take the risk?
 
           View 5 photos

In June, the Greek Prime Minister Alexis Tsipras did not accept the conditions creditors and I called them “blackmail.” He decided to make proposals to the creditors of the referendum, while the E vrogruppy representatives stated that the refusal of the Greek Government to accept these conditions, they are canceled. Despite this, on Sunday, July 5, the referendum was held, by a vote of the Greeks rejected demands to toughen austerity measures. The EU has given Athens deadline until Friday to submit a new package of reforms.

On Monday, June 29, the Greek government closed until July 6 all banks. This is due to “extremely urgent and unforeseen need to protect the financial system.” Later the bank holiday was extended for another week. It remains in force and the removal of the restriction on the currency – not more than € 60 per day.