Gerovasili confirms new measures will be worth 5.4 billion euros

30 March 2016
605 Views

Government spokesperson Olga Gerovasili announced on Tuesday that the new measures required by the country’s creditors will amount to 5.4 billion euros, namely 3% of the GDP.

These funds are expected to derive equally from the critical pension system reform, as well as changes in taxation and indirect taxation. These measures are to be finalized by Friday, so that talks with the institutions may resume on Monday.

The government appears to be pleased, since the IMF initially demanded that the new measures must be to the tune of 4.5% of the country’s GDP, which amounts to 9 billion euros.

Following this development, the government is confident that the bailout program review will conclude on scheduled, namely by the Orthodox Easter. The Eurogroup scheduled for the 22nd of April will be crucial in confirming the progress achieved.

You may be interested

Pakistani gang leader arrested by Greek police
GREECE
shares21 views
GREECE
shares21 views

Pakistani gang leader arrested by Greek police

makis - Nov 27, 2020

The Pakistani leader of a gang, whose knife-wielding members broke into an apartment in Kaminia last Saturday and slaughtered a…

These blood types have a lower risk of contracting Covid-19
HEALTH
shares29 views
HEALTH
shares29 views

These blood types have a lower risk of contracting Covid-19

Panos - Nov 27, 2020

New research adds to the growing body of evidence that people with blood type ‘O’ may have a lower risk…

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks
WORLD
shares44 views
WORLD
shares44 views

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks

Panos - Nov 27, 2020

Former New York Times reporter Alex Berenson has slammed Amazon for attempted ‘censorship’ after the company backed down from its…

Leave a Comment

Your email address will not be published.