The IMF appears to hold the key to elections in Greece, as developments with the tax-free threshold may force the government to reconsider its electoral plans.

It is known that the IMF is pressuring to lower the tax-free ceiling as of 2019, instead of the initially planned 2020, which will saddle thousands of taxpayers with an extra 650 euros in taxes annually.

Already, the government’s narrative about serving out its four-year term, or even holding double (national and European Parliament) elections in May, 2019, is already in question, as a report in Ta Nea indicates.

In a speech in Lavrio, the PM defended the view that “in a few months we are exiting the memorandums formally, and in a clean fashion”.

For others, that could have been a central part of an electoral campaign platform: “I led you out of the memorandums in which the old political system had placed you.”

The predominant view in the opposition is that Alexis Tsipras will choose to hold snap elections, either by June or at latest in the beginning autumn.

This is for two reasons. Firstly, discussions have already begun about the following day, without a ruling coalition with the Independent Greeks. Secondly, because of the IMF’s stance and pressure to lower the tax-free ceiling a year earlier than planned, on 1 January 2019.

April will be a decisive month for the Greek government and how it will proceed from now on, as it must present an initial development plan to the Eurogroup.