Tuesday March 3, 2015 Search
Weather | Athens
11o C
6o 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)  
PMI records drop in orders but rise in jobs
Fur exports to be hurt by ruble decline
Banking sector awaits progress with creditors
New record in Athens foreign air arrivals
Greek government searches for funds amid fresh speculation about third bailout
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputie...
Ankara backpedals on Aegean military drill
Turkey on Monday backpedaled on plans to reserve a big chunk of air space over the Aegean Sea for military maneuvers until the end of the year, Greek officials said, following what appeared ...
Inside News
BASKETBALL
Waters turns from zero to hero for Kolossos Rhodes
For 40 minutes he was a real disappointment for his coach, Aris Lykoyiannis. His shooting rate was a miserable 1 in 10 two-point shots and he had made no three-pointers. On top of that he co...
SOCCER
Super League clubs promise to combat violence, again
The Super League clubs agreed on Monday to a blueprint of proposals for combatting violence in soccer grounds and will present it to Deputy Minister Stavros Kontonis to ask for the top fligh...
Inside Sports
COMMENTARY
Three options for the PM
There is one thing of which I am completely certain. If we want Greece to remain a member of the eurozone and to advance, the government faces a Herculean task. Prime Minister Alexis Tsipras...
EDITORIAL
Destination unknown
Alexis Tsiprass government is floundering in its own contradictions and risks taking the country down with it. The prime minister took on the responsibility of an agreement with our partner...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Waters turns from zero to hero for Kolossos Rhodes
2. Greek government searches for funds amid fresh speculation about third bailout
3. Ankara backpedals on Aegean military drill
4. Ties between terror groups probed
5. Judges indict 21 over Skouries gold mine attack
6. PMI records drop in orders but rise in jobs
more news
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. Greek reforms could prompt bailout payment in March, says Dijsselbloem
3. EU Commission: seeking unity in EU after Spain, Portugal clash with Greece
4. Schaeuble urges Greece to implement reforms during extension
5. Next Greek aid deal will emerge in coming months, Moscovici says
6. ECB uncomfortable with leading role in Greek funding drama
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. Spain said to lead push to hold Greece to terms as Podemos grows
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.