New blow to the EWG: First, preventive measures, after agreement

New, bad message in Athens, sent by the lenders. According to a european official who spoke after the EuroWorking Group, the enactment of preventive measures from Athens is a prerequisite for the completion of the second evaluation As mentioned by the same official, at the meeting of the EWG was not conducted in-depth discussion about Greece.He also said that the countries of the Euro area encourage Athens and institutions to cooperate in order to reach agreement.The same official pointed out that the agreement is necessary to include the fiscal gap of 2018, the labour and the enactment of preventive measures, to ensure the annual surplus of 3.5% of GDP after 2018.Sources of the euro area were commenting on the ana-MPA that the next few days are “critical”, however, if there be an agreement between the institutions and the political will of Greece, the institutions will return to Athens, and an agreement at the level of the staff is technically possible until 20 February.In addition, the same sources have indicated that if agreement is not reached at the technical level until the Eurogroup of February, but significant progress is made, the matter will be referred to the next meeting (20 March), with increased but the probability of the outcome of the Dutch elections and potential turbulence in the markets to complicate further the achievement of agreement.

New, bad message in Athens, sent by the lenders. According to a european official who spoke after the EuroWorking Group, the enactment of preventive measures from Athens is a prerequisite for the completion of the second assessment…
As mentioned by the same official, at the meeting of the EWG was not conducted in-depth discussion about Greece.
He also said that the countries of the Euro area encourage Athens and institutions to cooperate in order to reach agreement.
The same official pointed out that the agreement is necessary to include the fiscal gap of 2018, the labour and the enactment of preventive measures, to ensure the annual surplus of 3.5% of GDP after 2018.
Sources of the euro area were commenting on the ana-MPA that the next few days are “critical”, however, if there be an agreement between the institutions and the political will of Greece, the institutions will return to Athens, and an agreement at the level of the staff is technically possible until 20 February.
In addition, the same sources have indicated that if agreement is not reached at the technical level until the Eurogroup of February, but significant progress is made, the matter will be referred to the next meeting (20 March), with increased but the probability of the outcome of the Dutch elections and potential turbulence in the markets to complicate further the achievement of agreement.

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