The finance minister suggested that ‘undercover agents’, equipped with recording devices, detect cases of tax evasion; experts believe this measure is inapplicable in Greece because it creates a risk of arbitrariness and corruption
New Democracy leader Antonis Samaras and his opponents within the party have scheduled another meeting, this time during the session of the political party committee which will take place on Sunday.
His reaction is in response to yesterday's decision of the ECB Governing Council, which rejected the request of Athens to increase the limit on the issuance of government bonds.
Leonidas Fragkiadakis holds a bachelor's degree in economics from Cambridge University and a master's degree from the prestigious Wharton School of the University of Pennsylvania.
As the European Central Bank cut the hopes that it could allow Greece to issue new government bonds in order to secure funding for the coming weeks, now all expectations are focused on the Eurogroup meeting on Monday.
The ECB's quantitative easing (QE) programme will provide the euro zone member states with liquidity to the amount of 1.1 trillion euro. Greece, however, will not obtain anything until it comes to an agreement with its lenders.
The terms has appeared over the past three weeks on various economic websites and on Twitter. It is a combination of "Grexit" and "incident" and is a short expression for "Greece’s exit from the euro zone because of an incident".