Greek Finance Minister Gikas Hardouvelis is giving ‘sneak peeks’ into the type of policies he plans to pursue before the next critical round of negotiations with the Troika. Just weeks after taking office and learning the ropes, Mr. Hardouvelis feels ready to test his strength and manage to bring the “the game to measure.”

It is expected that there will be a change in the distribution of the debt burden and in the way that negotiations with the Troika are handled. Also high on the new minister’s agenda are changes to the joint property tax (ENFIA) with a review of the special levy, as well as efforts to combat tax fraud and restore equality. The first written samples of this intent are expected next week.

In order for Greece to improve its negotiations with the troika, Greece needs to fulfil the 12 prior actions. Greece’s progress on these will be presented at the next Euro Working Group on June 30 (Monday) by Christodoulos Stefanadis, head of the Council of Financial Experts. The Eurogroup is scheduled to meet on July 7.

First decisions

Over the coming week, Mr. Hardouvelis will present his tax plans with the new minister casting the spotlight on tax evasion. He has stated that he will deal and look into it, in much more detail than the previous Ministers had.