Monday Jan 26, 2015 Search
Weather | Athens
15o C
9o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Talks with troika resume in Athens as compromise sought over fiscal gap

Greece resumes talks with the troika on Monday with doubts remaining about whether an agreement on the projected size of the countrys fiscal gap can be achieved before the December 9 Eurogroup.

The first stop for troika officials is the office of Finance Minister Yannis Stournaras on Monday morning. This comes after government officials spent the weekend in meetings preparing for the troikas return and discussions about the fiscal gap.

Sources told Kathimerini that the target is now around 1.5 billion euros but that the troika wants spending cuts to be used to help meet this goal. Athens believes that the target can be achieved through savings from structural reforms.

Savings of around 600 million could be made from adjustments to the social security system, the government believes. Another 50 million savings would come from stricter implementation of the unified public sector pay structure. Improvements to the tax administration and the further liberalization of the economy will also produce results, the Finance Ministry argues.

Beyond that, the final version of the 2014 budget, due to be submitted to Parliament on Thursday, foresees a primary surplus of 780 million rather than 344 million initially forecast.

ekathimerini.com , Monday November 18, 2013 (09:28)  
Greek bonds slip on Syriza victory as ECB buying mutes contagion
ECB cannot agree to debt relief for Greece, board member says
Talks with troika the main test
Fiscal gap from revenues at 2.3 bln euros
Finnish PM says ready to discuss bailout extension for Greece
Finland is ready to discuss extensions for Greece's bailout program if its new government can commit to existing agreements and promised structural reforms, Prime Minister Alexander Stubb sa...
Tsipras moves to form anti-austerity government after crushing victory
Greek leftwing leader Alexis Tsipras will move on Monday to build a stable government that can take on international lenders and reverse years of painful austerity following a crushing elect...
Inside News
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakoss 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
COMMENTARY
SYRIZAs win will test institutions
Greece was at an impasse, with a government that did not believe in what it was doing and an opposition that declared with passionate intensity that whatever the government did was wrong and...
COMMENTARY
The challenge for Tsipras and others
A few years ago, an associate of mine who had met with Alexis Tsipras when the young politician was running for Athens mayor told me how impressed he had been by his confidence. Tsipras was ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek bonds slip on Syriza victory as ECB buying mutes contagion
2. ECB cannot agree to debt relief for Greece, board member says
3. Finnish PM says ready to discuss bailout extension for Greece
4. Tsipras moves to form anti-austerity government after crushing victory
5. Greek Elections 2015: The day after | LIVE
6. SYRIZA heads for historic victory but without majority
more news
Today
This Week
1. SYRIZA heads for historic victory but without majority
2. Greek Elections 2015: The day after | LIVE
3. SYRIZA's win will test institutions
4. Tsipras moves to form anti-austerity government after crushing victory
5. SMART WATER Project: Outputs and conclusions of the final conference
6. Finnish PM says ready to discuss bailout extension for Greece
Today
This Week
1. Greek Elections 2015 | LIVE
2. Grexit the only way out of valley of tears, says Hans-Werner Sinn
3. Greek Elections 2015 | LIVE
4. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
5. Greeks fork out nearly 5 pct of their incomes on telecom services
6. QE exclusion a de facto Grexit
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.