View more on these topics

Greece may rebuff fiscal tightening plans

Greece is expected to refuse to tighten its fiscal stability plan in line with calls by the European Central Bank and Germany for additional measures in order for the country to qualify for financial aid.

The Financial Times reports that Greece is set to stand firm against pressure to tighten fiscal policy with increased taxes and public sector pay cuts as it battles to regain the confidence of international markets.

On French television yesterday ECB president Jean-Claude Trichet urged Greece to agree to the measures proposed in order to “make credible their turnaround plan”.

But the FT reports that a senior Greek official says it would not be sensible for the country to make this decision now, but rather postpone it until the ECB, EU and International Monetary Fund carry out a detailed inspection of the programme in March.

Recommended

Liechtenstein:  Get-out-of-jail card to keep taxpayers out of HMRC’s clutches for another five years
1

Evasion invasion

The Revenue clampdown on offshore tax evaders is gathering pace and there are warnings that advisers who have helped clients hide money overseas will be targeted. Annie Shaw reports

Oil industry: only the fittest will survive

The actions of OPEC have forced the oil supply to fall and producers to cut costs and rationalise, says Richard Hulf In an interview with journalist Alexis Xydias, Richard Hulf, manager of the Artemis Global Energy Fund, explains the impact of the fall in the oil price on energy companies. Alexis also quizzes Richard on […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com