Government aiming to conclude negotiations by 15 April

29 March 2016
677 Views

After the recent meeting of the Government Council for Economic Policy, a senior finance officer argued that the negotiations must conclude by the 15th of Aprils, in time for the IMF’s spring meeting.

According to the same government officer, Greece’s creditors have agreed to the European Commission’s recommendation of measures worth 3% of the GDP, rather than the 4.5% proposed by the International Monetary Fund.

The government official further added that there is some difficulty in the tax measures that need to be taken, which in 2018 will amount to 1.8 billion euros. The review, he added, would conclude as soon as an agreement is reached on the pension reform and budget.

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