Monday November 24, 2014 Search
Weather | Athens
14o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Skepticism in Brussels over early primary surplus estimates

By Eleni Varvitsioti

As envoys from the European Commission, the European Central Bank and the International Monetary Bank prepare to return to Athens next week, senior European Union officials have expressed skepticism regarding Greece’s projections of a primary surplus for 2013.

“It is astonishing that they should have the size of the primary surplus at such an early stage,” one EU official who requested anonymity told Kathimerini in response to a question concerning Greek media reports about the primary surplus.

“Eurostat is working very hard and the earliest it could announce something over the size of the primary surplus is April 22. I have no idea whether the Greek government has got the correct figure or what that may be, but I find this astonishing,” the official added, noting that he hoped the reported figures, which are indeed impressive, prove true.

The troika of creditor representatives is due to return to Greece straight after Monday’s Eurogroup meeting of eurozone finance ministers.

“There remain some pending issues to resolve before the assessment is completed” so that an initial agreement on the course of the Greek program is reached at the March 10 Eurogroup, the same EU official said. The Greek bonds maturing in May are putting pressure on the troika to complete its assessment “long before” that date.

Regarding the next installment, the most likely scenario provides for the delivery of a double tranche to Greece after the conclusion of the assessment, with the EU official saying that “the April installment will be about 10 billion euros.”

ekathimerini.com , Friday February 14, 2014 (21:48)  
Traders eye developments with creditors
ILO calls for urgent action in Greece to create jobs, tackle social problems
Draghi urgency for ECB action gets final reality check
Greece to scrap need for permits in some 900 professions
Gov’t plays down delay of capital revamp projects
Infrastructure Minister Michalis Chrysochoidis on Monday played down calls by the European Commission for two EU-subsidized regeneration projects for the broader Athens area to be postponed,...
Papandreou proposal sparks war of words inside PASOK
Controversial comments by former PASOK chief and ex-Prime Minister George Papandreou, effectively challenging Evangelos Venizelos’s leadership, have rival factions inside the once-dominant p...
Inside News
BASKETBALL
Olympiakos ends PAOK´s unbeaten run in Basket League
Olympiakos put an end to PAOK’s unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japan’s image and economy following the triple blow of the earthquake, tsunami and nuc...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Gov’t plays down delay of capital revamp projects
2. Papandreou proposal sparks war of words inside PASOK
3. Crucial talks with troika in Paris
4. Biden briefs Anastasiades about talks in Istanbul
5. Prosecutor seeks trial for 64 in Siemens bribery scandal
6. Thessaloniki man sentenced to 20 years for German school hostage crisis
more news
Today
This Week
1. Scientists expand excavation of ancient Amphipolis
2. Greek officials to meek troika chiefs in Paris to break review stalemate
3. Police seek to name man who opened fire with AK47 at Piraeus bar
4. EU said to plan 21 billion-euro risk-sharing fund for investment
5. Biden informs Anastasiades about content of talks with Erdogan
6. Countdown to missed opportunity for EU economy
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Every age has its collaborators
5. Give Greece a chance
6. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.