Sunday Jan 25, 2015 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Athens happy with delay to talks with the troika

 Stournaras admits that postponing negotiations will enable December data to be factored in

Greece’s fiscal progress will probably not be on the agenda of the next Eurogroup on January 27, as the government would rather delay talks with its creditors in order to have what it sees as favorable December 2013 data factored in too.

With the date of the return of the troika of chief inspectors from the European Commission, the European Central Bank and the International Monetary Fund still pending, Finance Minister Yannis Stournaras stated on Monday that the delay is due to the difficulty of the negotiations and the lack of agreement.

Speaking on Skai TV on Monday night, the minister admitted that it would be very hard to strike a deal by January 27, and said, “We want a delay in the negotiations because we want to incorporate the December data that will illustrate a further improvement in the economy.”

The government is now eyeing an agreement with its creditors by the Eurogroup meeting of eurozone finance ministers in February instead, expecting a clean bill that would pave the way for the release of all the bailout installments left up to the end of the program in June.

That is also said to be the political target of Greece’s eurozone peers, as they wish to give the government some room to breathe ahead of the European Parliament elections in May. They will therefore opt for an agreement on specific prior actions whose implementation will trigger the disbursement of tranches (or parts thereof) automatically, without any more troika visits to Athens.

Stournaras told Skai that the government is “fighting to secure easier terms and we have achieved it in cases such as the VAT in food services. There is no chance the VAT will revert to 23 percent, for at least one year, and we want to convince [the creditors] to retain it for the next few years, too. I believe the fiscal loss will be minimal, no more than 100 million euros [per annum].”

He added that “we have achieved 80 percent of our targets, especially on the fiscal front, but we will miss them if we lower our taxes.”

He also dismissed talk of his appointment as the next governor of the Bank of Greece, saying he is not concerned about scenarios.

ekathimerini.com , Monday Jan 13, 2014 (22:33)  
Bundesbank chief Weidmann urges new Greek government to stick to agreements
Draghi’s QE promise to Greece depends on debt-market math
Eurozone to discuss another extension
S&P sees red over ‘Euroskeptic’ governments
Exit polls suggest big margin of victory for SYRIZA
Greece's anti-austerity leftist party Syriza is on course to win Sunday's snap election by a large margin over Prime Minister Antonis Samaras' conservatives, a joint exit poll showed. Syriza...
Greece’s diplomatic missions ‘on hand to assist Greeks in Ukraine’
Foreign Minister Evangelos Venizelos (photo) expressed “deep concern” over the weekend at the escalation of violence in eastern Ukraine, following the deaths of dozens of people in bombings ...
Inside News
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
FOCUS
A SYRIZA government in Greece: what it wants and what might be possible
The left-wing SYRIZA party led by Alexis Tsipras looks likely to win the Greek general election on Sunday after campaigning on a pledge to renegotiate the country’s international bailout and...
COMMENTARY
The train
If we go by the polls, SYRIZA is set to win Sunday’s election and form a government. New Democracy did not really campaign, or perhaps it did so in a way that can only be explained if the pa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Bundesbank chief Weidmann urges new Greek government to stick to agreements
2. Exit polls suggest big margin of victory for SYRIZA
3. Greece’s diplomatic missions ‘on hand to assist Greeks in Ukraine’
4. ANTARSYA, GD representatives attacked at polling stations
5. Thessaloniki police catch suspected Turk terrorist
6. Greek Elections 2015 Results | LIVE
more news
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greeks vote for reform path or defiance
3. Greek Elections 2015 Results | LIVE
4. A SYRIZA government in Greece: what it wants and what might be possible
5. SYRIZA aims for landmark election win
6. Greece votes on whether to dump austerity, take on lenders
Today
This Week
1. Greek Elections 2015 | LIVE
2. Piraeus Bank is third lender to request ELA
3. Grexit the only way out of ‘valley of tears,’ says Hans-Werner Sinn
4. Greek Elections 2015 | LIVE
5. Fitch lowers Greece credit outlook to 'negative'
6. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.