×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
16
Oct 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Economy

Varoufakis claims Greek govt, creditors have agreed on numbers

Yanis Varoufakis said that Greece and creditors are now using the same models to calculate figures, but have not agreed on the solutions

Newsroom May 29 11:33

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Finance Minister Yanis Varoufakis on Friday continued the government’s “Operation Optimism” by noting that “we have not reached an agreement but we have agreed on the model (to use for our calculations) so that we can talk about the same figures” in a radio interview with Vima FM.

“For example, when we speak about VAT rates we need to be talking about the same results. Since yesterday we have been talking about the same models,” he said.

“Initially we submitted a proposal with two rates at 6.5% and 15% as well as an increase when cash is used,” he said. “The institutions (representatives of the European Commission, European Central Bank and International Monetary Fund) refuted the proposal with their own 13%-23% rate that cannot be discussed.” He pointed to a final proposal that was reached with three rates, however would not disclose further details ahead of the statement to be made by the government’s spokesperson. “We share our thoughts, but the Press speaks of decisions being made and when the numbers change in a negotiation they talk about (the government performing) somersaults,” he complained, adding that the Greek press has caused him “grief”.

He did reveal, however, that the latest proposal will include a VAT reduction in household items. “Our proposal, according to the joint model that will yield 900 million euros in VAT without revenue from improved financial activity is one that (the institutions) will not accept,” he said.

The Finance Minister said that taxing bank transactions is “unacceptable” adding that the proposal was revoked following the Finance Ministry’s opposition.

During the same interview he said that every time a proposal is brought to the table, the institutions call for additional parameters. He said that 2015 is difficult year for the Greek economy due to the six-month negotiation, hence emergency measures are required. “We will not agree to permanent recessionary measures,” he said.

>Related articles

Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

From the Property Ownership Register to new audit centres: AADE’s seven new measures

Varoufakis said that the single property tax (ENFIA) is an unacceptable tax, “that I can’t support even for a second” adding that there has been no decision made concerning its continuation, however, it is “part of the negotiation” process. “Once negotiations are over, we will see what equivalent measures can be taken to abolish ENFIA,” he said.

The government, nevertheless, has said it will keep the tax, at least for 2015.

Asked if he will continue to be Greece’s finance minister following the negotiations, he said that he is not one who would “drop the shield”.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Trump fires Katie Zachariah as White House Press Secretary just five days after she took office

October 16, 2026

US on alert over dozens of suspicious letters containing unknown white powder sent to politicians and election offices

October 16, 2026

Iran does not want nuclear weapons, Pezeshkian says, declaring readiness for talks

October 16, 2026

Albania: Anti-Rama student protests spread nationwide, with clashes, injuries and arrests

October 16, 2026

Mitsotakis in Brussels: “We won’t blow the budget for the election” – Door left open to further support measures

October 16, 2026

CBS News: US faces critical shortage of interceptor missiles, with stockpiles not expected to recover until 2030

October 16, 2026

Turkey issues second Anti-NAVTEX in hours, challenging Cyprus’s EEZ and EMC cable survey operations linking Asia and Europe

October 16, 2026

€114m VAT fraud involving smartphones; Arrests in Cyprus, Germany and Italy, searches also in Greece

October 16, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα