Thursday Jul 31, 2014 Search
Weather | Athens
32o C
25o 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)  
Govt reins in spending of regions
Intralot to run one-horse race for betting permit
Work to start on Academy Gardens
Banks shift to corporate credit
Strawberry farm shooting verdict draws ire
There was an outcry on Wednesday after the owner of a strawberry farm in the Peloponnese, where 28 migrant workers were shot last year, was cleared of any wrongdoing along with one of his fo...
Greece evacuates Tripoli embassy
Greece dispatched a navy frigate to Tripoli on Wednesday after the Foreign Ministry decided to evacuate all personnel from its embassy in the Libyan capital as fighting between rival militia...
Inside News
SOCCER
Goalless draw at Liege puts Greens in driving seat
Panathinaikos got the upper hand in the battle for entry to the Champions League playoffs after snatching a goalless draw at Standard Liege on Wednesday. If anything, the Greek cup holders m...
SOCCER
Greek league recruits former referee Dallas
Former referee Hugh Dallas has been appointed as the head referee of the Greek Super League, the Hellenic Football Federation (EPO) said in a statement on Wednesday. The 56-year-old Scot ear...
Inside Sports
EDITORIAL
Populism eating up education
The fact that the issue of education is not topping the list of priorities for the current coalition government, but instead, has been left in the hands of incapable politicians is utterly i...
COMMENTARY
A valued but mistreated professional
I did not know much on a personal level about Dimitris Stefanou, Greeces former administrative reform general secretary who died earlier this week at the age of 46. I did, however, have a s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Goalless draw at Liege puts Greens in driving seat
2. Strawberry farm shooting verdict draws ire
3. Govt reins in spending of regions
4. Greece evacuates Tripoli embassy
5. Former municipal police officers put on the beat in city center
6. Intralot to run one-horse race for betting permit
more news
Today
This Week
1. Wine cup used by Pericles found in grave north of Athens
2. IMF's Lagarde not sure yet about debt relief for Greece
3. Six firms submit bids to lease Vouliagmeni beach
4. Coalition submits new proposals for Greek coastline
5. Police arrest one, seek another three over counterfeit goods
6. EU Commissioner Damanaki unlikely to return to Greek politics
Today
This Week
1. Quadriplegic woman on life support 'dies due to unpaid power bills'
2. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
3. Front-line threats
4. Defense Minister Avramopoulos to represent Greece at European Commission
5. Greece names fifth privatization agency chief in four years
6. Greek coast guard picks up 77 migrants off Myconos
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.