The Greek Government proposed a new list of economic reforms to its creditors today. The 26-pages-long list covers taxation, privatizations, Greece’s public sector, its labour market and healthcare, among others.
The list was firstly obtained by The Financial Times and journalist Peter Spiegel who wrote:
Indeed, the proposal appears to reverse past reforms in several of these areas. The document includes €1.1bn in new spending this year, more than half of it reinstating a so-called “13th pension” — an extra months’ pay — for low-income pensioners. The document suggests that change would add €600m this year.
It also would suspend a so-called “zero deficit clause” that would force further cuts to state pensions; the measure would add another €326m this year.
In the document the Greek government requests “a speedy and successful conclusion of the Final Review on the basis of this list, so that short-term funding issues may be resolved and the current crippling economic and financial uncertainties are brought to an end.”
“This is an urgent and necessary precondition for the success of the economic and reform program.”
Below is the full list of economic reforms Greece submitted as it was obtained by FT.