Monday March 30, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Bartering resumes between government and the troika

Government officials resumed stalled negotiations with troika envoys on Monday in a bid to reach an agreement on the economic reforms that Greece must implement to secure further rescue funding.

But, despite the insistence of government officials that a deal with the troika is near, sources indicated that the envoys have disputed the size of a projected primary surplus for 2013. The envoys have also called on Athens to propose additional measures to plug a shortfall that will be created when leaked court rulings reversing certain troika-mandated austerity measures are announced.

The auditors’ questioning of the surplus figure means the European Commission’s statistics service, Eurostat, will decide whether certain revenues used by Greek officials in their calculations should count toward it or be shifted to the 2014 budget.

It was expected that the issue of court rulings would be raised by the troika as their arrival in Athens coincided with a decision by the Court of Audit deeming as unconstitutional the reduction of civil servants’ lump sum pension payments. The case, which will now go to the Council of State, is the latest legal ruling to challenge troika-imposed measures.

Talks between Finance Minister Yannis Stournaras and the troika envoys in Athens on Monday also focused on key reforms that auditors are pressing for – the implementation of market-liberalizing measures set out in a report by the Organization for Economic Cooperation and Development (OECD), an overhaul of the civil service and the reduction of employers’ social security contributions among other reforms.

Prime Minister Antonis Samaras has stressed that the OECD’s recommendations, dubbed “the toolkit” by the troika, is “not gospel.” Some of the troika’s proposals, including the extension of the shelf-life of fresh milk and giving supermarkets the right to sell over-the-counter medicines, are expected to be challenged.

Earlier in the day government spokesman Simos Kedikoglou said the rift between Greek officials and the troika has been bridged considerably since talks were halted in December.

ekathimerini.com , Monday February 24, 2014 (21:42)  
Greek president says Turkish vessel must leave for Cyprus talks to resume
Tsipras presses allies for support as Greek cash crunch deepens
Subject of many snaps, Sifis the crocodile found dead in Crete
Talks in Brussels continue but Greece and lenders ´not there yet´
Greek yields edge up as lenders scrutinise reform pledge
Greek bond yields edged up on Monday as investors cautiously waited to see whether Athens would come up with a list of reforms sufficient to unlock much-needed bailout cash. While Greece sou...
Euro hurt by Greek uncertainty, dollar helped by rate outlook
The euro fell on Monday, hurt by uncertainty over whether Greece and its international creditors will be able to strike a deal that will help Athens secure funding before it runs out of mone...
Inside Business
SOCCER
Three Greek internationals injured in Budapest car crash
Three Greek international soccer players were slightly injured on Monday in a car crash as they travelled by taxi to Budapest airport following Greece's Euro 2016 qualifying goalless draw ag...
SOCCER
Improved Greece draws 0-0 at Hungary
Greece ended up goalless with Hungary in Budapest on Sunday, on manager Sergio Markarian’s debut on the national team’s bench, a result that has left Greece at the bottom of its Euro 2016 qu...
Inside Sports
COMMENTARY
The Greek brand name
Every country is in competition with the rest of the world for a fundamental edge: its reputation, or brand name. The Greek brand name sank to all-time low in 2010, either because our politi...
EDITORIAL
Responsibility lies with the PM
Prime Minister Alexis Tsipras received a clear mandate from the people: to hold tough negotiations with the country’s creditors and partners, to speed up the return to growth and to ensure t...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek president says Turkish vessel must leave for Cyprus talks to resume
2. Tsipras presses allies for support as Greek cash crunch deepens
3. Three Greek internationals injured in Budapest car crash
4. Subject of many snaps, Sifis the crocodile found dead in Crete
5. Talks in Brussels continue but Greece and lenders ´not there yet´
6. Greek yields edge up as lenders scrutinise reform pledge
more news
Today
This Week
1. ECB nerves fray on Greece as supervisors rile central bankers
2. Greek markets show all at risk should mistake trigger a default
3. European stock-index futures rise as investors look to Greece
4. Work on tram extension begins in Piraeus
5. Claim of responsibility for Athens police precinct attack
6. Greece says not backing down on debt relief goal
Today
This Week
1. Next Monday is D-Day for state funds
2. PM faces Merkel amid race to detail reforms
3. Eurogroup unlikely to be held soon to discuss Greek reforms
4. Moscow expects progress from Tsipras visit
5. Some more equal than others
6. Greece to present reforms by Monday, says gov't spokesman [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.