Tensions were rising across the
eurozone Monday as Greek Premier Alexis Tsipras worked to a
midnight deadline preparing a list of reforms his country will
make in return for a bailout.
Eurogroup finance ministers on Friday agreed to a
four-month extension of European assistance for Greece if it
approves of Tsipras's list of reforms to be made to the Greek
economy.
Talks on Friday involving Tsipras and Finance Minister
Yanis Varoufakis went down to the last minute as Italy's Economy
Minister Pier Carlo Padoan and his colleagues from the eurozone
worked to create a deal to help Greece and also shore up
confidence in the common currency.
Tsipras is expected to pledge labour reforms, a crackdown
on tax evasion and tax avoidance, and published reports Monday
suggested tax reforms that could target high-income Greeks would
also be on the list.
German newspaper Bild quoted sources saying Tsipras plans
to recover as much as 7.3 billion euros with its measures to
combat tax evasion.
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