The Greek government is exploring a new ‘wave’ of measures to be discussed over the coming week so as to loosen the bonds threatening the Greek economy. If all goes well, Finance Minister Yanis Varoufakis hopes to see the immediate release of 50% of the 7.2-bln-euro tranche benchmarked for Greece but which had been ‘frozen’. This move allows Greece to receive two installments of 1.8 bln euros each.

In the framework of new decisions, the Finance Minister needs to –

* create a provision for a new tax amnesty for undeclared income that will probably be incorporated into the settlement for 100 debt installments.

* create an amendment for transfer pricing. Although this is a ‘scientific’ form of multinational form, there is a framework for the provision and documentation and data already created by the previous government.

* create measures to deal with the humanitarian crisis worth 200 mln euros from funds saved from operational costs.

In the second phase, at the end of March or start of April, Greece – in collaboration with the institutions – needs to:

* clarify the obligations and motivations citizens will have to seek receipts.

* proceed in offering electronic gambling licenses.

* create pilot programs for part-time supervisors (students, pensioners, housewives) in order to ensure that receipts and VAT are paid.