The agreement also anticipates relief measures for debt ridden taxpayers, an extension of the unemployment benefit from one year to two years, a progressive increase of the taxable income ceiling and the replacement of all property taxes with a single, progressive charge. In terms of economic priorities, the tripartite agreement proposes a new taxation system, the abolition and merging of state organisations and entities without layoffs as well as privatisations and greater efforts to fight corruption. As far as foreign policy is concerned, the declaration of an Exclusive Economic Zone in Greek waters constitutes a top priority of the three-party agreement.

Kathimerini: Coalition sets out policies on bailout, growth and political reform