Nadia Valavani

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 Conflicting statements by ministers over property taxation, objective values, tax-free threshold for incomes

By Prokopis Hatzinikolaou

Greece may have secured a four-month extension to its rescue program, but the chances it is able to pull through alone without any extra help are evaporating by the second, according to Reuters.

The news agency states that the pressure on Athens is rising in terms of implementation of agreed-upon reforms, even if the new Greek government is against them.

 Fearing a backlash, the government is considering a discount for taxpayers who have paid their dues

By Prokopis Hatzinikolaou

Bild on Friday claimed a 'mix up' in the letters sent by Athens to request a loan agreement extension was the reason behind Wolfgang Schaeuble's surly 'nein', something however, the SYRIZA government categorically denied.

Greece's radical government on Wednesday offered debt forgiveness to thousands of individuals and companies that owe the state money, hoping to secure a fraction of arrears.

Junior finance minister Nadia Valavani said debtors offering to pay a minimum of 200 euros upfront could see a haircut of up to 50 percent on the rest of their debt.

By Roula Salourou

A new repayment scheme being drafted by the SYRIZA-led government for the settlement of debts to tax authorities and social security funds provides for a maximum of 100 installments, like current legislation, but states that these should not exceed 20 or 30 percent of a debtor?s annual income last year.

Fresh warning signs that the fragile economic recovery observed last year may have come to an early end are causing concern within the government, which is urgently trying to convince taxpayers to pay their dues.

By Lefteris Papadimas

Greece's tax revenues slumped 23 percent below target in January as citizens held off on paying taxes before a snap election, marking a setback for the new left-wing government as it seeks a deal with European partners to avert a financial crisis.

International Monetary Fund Managing Director Christine Lagarde is to meet Finance Minister Yanis Varoufakis for the first time face-to-face on Wednesday during the emergency Eurogroup meeting being held to discuss the future of the Greek program. There is a strong possibility that European Central Bank President Mario Draghi may also be present at this meeting.