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Greece set to send reforms to euro zone

2015-02-24 16 Dailymotion

Greece will deliver its latest economic reform plans to eurozone officials on Tuesday morning, after delaying their release by a day.

The new proposals were promised as a condition for the EU giving Athens a four month extension to its debt bailout.

The details are due to include a promise to clampdown more heavily on tax evasion but will also include plans to spend 1.8 billion euros on poverty relief.

Ultimately Greece wants to ease the terms of its 240 billion euro bailout, which is says are too harsh.

Many Greeks are angry at Germany, which is the biggest contributor to the bailout funds. Berlin has said any new spending must be offset by higher taxes or other cuts.

“Germany has tried every which way to enforce its beliefs and its hegemony over Europe. Its first experiment is Greece, we are its guinea pigs,” said one Athens inhabitant.

Another local resident said: “It’s not fair that Germany has made so much money from the European Union, that it is the only economy tha