Sunday August 31, 2014 Search
Weather | Athens
31o C
24o 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)  
Disappearing inflation heightens Draghi concerns
Ministry launches work experience program for unemployed graduates
Tax burden in Greece among EU’s heaviest, study reveals
Coalition bent on protecting weaker groups
Traveling on public transport in Athens gets cheaper
Commuters will pay 20 cents less for tickets allowing them to use all modes of public transportation in Athens as of Monday, though they will be valid for 70 minutes rather than 90 as was th...
Push made for cuts in education as merger scheme fails
Finance Ministry officials are pressing the Education Ministry to cut costs after it emerged that a program for merging university and technical college departments failed to save 68 million...
Inside News
SOCCER
Tough draw for Greek sides in Europe League Greek stage
Following Thursday night’s high, when all three Greek teams competing in the Europa League made it into the group stage of the competition, a harsh reality struck Friday as they found out wh...
JUDO
Greek judoka Iliadis triples up as Aguiar stuns Tcheumeo
Greek star Ilias Iliadis claimed his third world title in the under-90kg category in Chelyabinsk on Friday as Brazilian Mayra Aguiar and Colombian Yuri Alvear won gold in the women’s under-7...
Inside Sports
COMMENTARY
Keeping an eye on international developments
The Ukrainian crisis may herald the start of a second Cold War, while there is no shortage of analysts comparing the current international climate to that of 1914 in the runup to World War I...
EDITORIAL
A few good men
It gives us a great deal of hope that we have a new batch of mayors and regional authorities, as well as university rectors who represent the voice of reason and prudence and are unafraid to...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Traveling on public transport in Athens gets cheaper
2. Push made for cuts in education as merger scheme fails
3. Gov’t aims to curb measures, secure loans, allow tax relief
4. DIMAR chief Kouvelis hints about presidency
5. French expert says Crete crocodile in good health, aged 4-7
6. Tensions mar regional ity swearing-in ceremony
more news
Today
This Week
1. Keeping an eye on international developments
2. A few good men
3. Disappearing inflation heightens Draghi concerns
4. Two men drown off Crete coast in strong tides
5. Traveling on public transport in Athens gets cheaper
6. Push made for cuts in education as merger scheme fails
Today
This Week
1. Attack on gay couple in Athens leaves one man needing surgery
2. Purification rituals
3. The battle against progress
4. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
5. Strong undersea quake occurs off island of Milos, felt in Athens
6. Athens finalizes Paris talks goals
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.