Greece and its lenders recount the new austerity measures

31 March 2016
214 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

US Amb Pyatt: The stronger Greece is, the more it can act as a stabilizing force in the region
GREECE
shares53 views
GREECE
shares53 views

US Amb Pyatt: The stronger Greece is, the more it can act as a stabilizing force in the region

makis - Apr 20, 2018

Greece can act as a stabilizing force for good in the wider region and the stronger Greece is, the better…

Kotzias – Dimitrov to meet again on April 25, in Vienna
POLITICS
shares52 views
POLITICS
shares52 views

Kotzias – Dimitrov to meet again on April 25, in Vienna

makis - Apr 20, 2018

According to the FYROM government spokesman, Mile Bosnjakovski who spoke on Friday, there will be a new meeting between the…

Alexandros Stamatiadis dies in hospital
GREECE
shares78 views
GREECE
shares78 views

Alexandros Stamatiadis dies in hospital

makis - Apr 20, 2018

Greek businessman Alexandros Stamatiadis has died after being hospitalised in critical condition for 18 days. The businessman, 52, was shot…

Leave a Comment

Your email address will not be published.