Greece and its lenders recount the new austerity measures

31 March 2016
77 Views

The new round of contacts between Greece and its lenders start tomorrow with EuroWorking Group extraordinary teleconference meeting to assess the progress of negotiation talks in an attempt to conclude the program review by mid-April.

The representatives of the institutions will also participate in the meeting, while according to reports the EWG will be informed by Deputy Finance Minister Giorgos Chouliarakis and the ‘Quartet’ for the measures that will lead to a primary surplus of 3.5% of GDP by 2018 and the measures on social security and tax system of 5.4 billion euros aiming to cover the fiscal gap.

Greece’s lenders have made their intentions clear during the last days. First, they are reluctant to say that an agreement will be reached by April 22, and second European Institutions and the IMF want to achieve a comprehensive agreement closing all issues, which means that apart from social security and tax issues, the crucial issue of non-performing loans should also be closed.

You may be interested

Greek President reiterates call for German WWII reparations
GREECE
shares73 views
GREECE
shares73 views

Greek President reiterates call for German WWII reparations

makis - Aug 17, 2017

Greek President Prokopis Pavlopoulos renewed the demand for war reparations from Germany owed to Greece from the time when the…

Man who rented van in Barcelona terrorist attack
WORLD
shares78 views
WORLD
shares78 views

Man who rented van in Barcelona terrorist attack

makis - Aug 17, 2017

A photo of a man who reportedly rented the white van that plowed into people in Barcelona in a terroristb…

A Greek woman and her 2 children among injured in Barcelona terrorist attack
WORLD
shares100 views
WORLD
shares100 views

A Greek woman and her 2 children among injured in Barcelona terrorist attack

makis - Aug 17, 2017

A Greek woman and her two children are among those injured in the terrorist attack in Barcelona on Thursday, according…

Leave a Comment

Your email address will not be published.