Sin­gle hair­cut sys­tem for all cor­po­rate ar­rears

Kathimerini English - - Focus -

The Econ­omy Min­istry has pro­posed to the coun­try’s cred­i­tors a com­mon hair­cut sys­tem for cor­po­rate debts to banks and the state as a part of the out-of-court set­tle­ment mech­a­nism, Kathimerini un­der­stands. The pro­posal fore­sees all debts be­ing tack­led on the same ba­sis, with­out any lim­its or re­stric­tions. It con­sti­tutes the Gen­eral Sec­re­tar­iat for Pub­lic Rev­enue’s com­pro­mise coun­ter­pro­posal to the cred­i­tors’ in­sis­tence there should be no ex­cep-

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