The troika is leaving without a deal

Without agreement on major issues departs from Athens, the Troika, perhaps, today in the evening after the…
last appointment with the ministers of the government.
Tax-free , pensions and employment remain open, although the government is doing for the first time reason for progress in an out of court settlement and the insurance.
“We can have agreement on 20 March if there is a good mood from the side of the IMF,” said strain of the economic staff on Monday night.
According to information the fiscal gap 2018 is almost zero as the IMF accepts surplus in the region of 3.2% of GDP for 2016, and considers that it has for the most part permanent features.
On the table is a proposal for a surplus of 2% after 2012 with προνομοθέτηση measures.
On Monday night we completed the meeting with the heads of the bands of the institutions and in accordance with government factor “we saw their numbers, either in financial or in pensions – what it pays the state – and tax – how many Greeks pay no income tax. Change a bit the numbers, are convergences, so that’s good.”
He said that they were put, and the positive steps he wants to take the government (and to the side of taxation and on the expenditure side and measures with development and with social overtones), and there has been a convergence. Although, as he added, the institutions are seeking the measures to have a greater development of timbre, while the government is more social. Also “must be well-designed and get a place,” he said, bringing as an example the active policies of employment and combating child poverty.
For an out of court settlement for non-performing business loans, the particular official said that it is minimal, what’s the difference with the institutions and that exceeded the scope of the VAT and the payroll Tax, without, however, to proceed to details.
Meanwhile, stress tests for the closing of the agreement is the schedule that we have in front of us and associated with the developments in the Eurogroup, the European Central Bank and IMF.
H reach an agreement by the Eurogroup on 20th March is not excluded, but it’s not for sure, pointed out the head of the European Stability Mechanism, Klaus Regling. Must be a lot of work still, he added and explained that as to the fiscal adjustment, the remaining steps for Greece is very small.
We continue to expect economic growth in Greece this year, said the representative of the European Commission, Anica Μπράιτχαρτ, commenting on the data of the Hellenic Statistical Authority, in accordance with the decline of 1.1% in the last quarter of 2016.
The Commission degrades the data is provisional and not final. Wait for the data of April, reported government sources.

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