Submitted by christian on Tue, 02/24/2015 - 18:40
At first glance it is broadly as expected -- lot of commitments to reform the tax base, fight corruption, and improve Greece’s public sector. There are also several clear concessions to its creditors. Athens is pledging not to reverse the state asset sales that are already underway. And it says it will aim to raise minimum wages in a manner that “safeguards competiveness and employment prospects”, and in consultation with its partners. The government is also promising help for families and businesses who simply cannot pay their debt, while clamping down hard on “strategic defaulters”.
