CLEAN : IMFs Thomsen says Greek debt highly unsustainable

The video discusses the EU's stance on tax policy, suggesting a focus on job taxes rather than home taxes. It highlights the importance of engaging with new governments and the necessity of structural reforms. The Greek debt crisis is analyzed, noting its unsustainability at over 200% of GDP. The need for debt relief through extended grace and repayment periods is emphasized, alongside the requirement for Greece to implement stronger reforms.

What is the EU's recommendation regarding tax cuts?

• Cut taxes on homes

• Increase taxes on jobs

• Cut taxes on jobs

• Increase taxes on homes

What is a potential deal breaker in the ongoing negotiations?

• Lack of new government formation

• Delay in structural reforms

• Increase in tax rates

• Reduction in loan amount

What is the current state of Greek debt according to the discussion?

• Sustainable and manageable

• Unsustainable and requires relief

• Decreasing rapidly

• Stable and under control

What measures are suggested for providing debt relief to Greece?

• Reducing the loan amount

• Lengthening the grace and repayment periods

• Increasing interest rates

• Shortening the grace period

Why does Greece need to undertake stronger reforms?

• To increase its GDP

• To manage its debt without relief

• To qualify for more loans

• To reduce unemployment