FinMin: The package must be 'locked' as soon as possible".

 

MNA--A meeting between Finance Minister Yannis Stournaras and the heads of the EC/ECB/IMF troika ended on Sunday evening, after 2.5 hours, while a senior Finance ministry official stated immediately afterwards that "the troika has expected objections on some measures that they do not fully understand and they want us to specialise them".

Asked if "in the case of specialisation there is the possibility of them being rejected by the troika", he replied "yes" and added that, however, "the package must be 'locked' as soon as possible".

In parallel, another senior economic staff official said that in essence the troika does not accept revenues from tax evasion being registered in the package of measures, pointing out that "we must prove first that we can be effective, through a gradual increase in revenues".amna

The meeting at the Finance ministry began at 4 in the afternoon and the Finance ministry's political leadership turned up with files that contained measures exceeding 17 billion euros so that, after objections by the troika, a "net" result of 11.9 billion euros to result for the 2013-2014 period. Asked whether the amount of the troika's objections is 2 billion euros, the senior ministry official declined to comment.amna

The meeting was attended on the Greek side by Finance Minister Stournaras, Alternate Minister Christos Staikouras, Deputy Minister George Mavraganis and other officials.

According to reports, the Greek side also presented the basic cases of the so-called "macroeconomic scenario", that mainly concerns recession and unemployment that are moving out of control and are linked with the debt's viability report.amna

As regards the package of measures there shall be initial indications in the draft plan of the new budget, that will be publicised by this coming Friday, while Stournaras will present the measures at the Eurogroup meeting in Nicosia on September 14.



Μore on subscriber's page
© ANA-MPA SA. Intellectual rights and copyright are the sole property of the ANA-MPA and are allocated to the Agency's subscribers for specific uses only.
NEWS
  • 23:22   Man holed up in house in Metaxourgio surrenders to police (UPDATE)
  • 22:57   Gunman holed up in house in Metaxourgio after exchange of fire
  • 22:06   Administrative reconstruction ministry says it foiled hacking attack against PM’s webpage
  • 21:36   Pavlopoulos: We seek a just and viable solution for Cyprus, as soon as possible
  • 21:35   Idomeni has always been an important north-south route, archaeologists say
  • 20:55   Moody's expected to raise Greece's credit rating on Friday
  • 20:31   Municipality of Patras plans protest rally against unemployment on Rio-Antirrio bridge
  • 20:10   Greece to see robust growth in 2017, Econ. Min. Papadimitriou tells NY Investment Forum
  • 19:33   Environment ministry approves Energean's hydrocarbon exploration proposal
  • 19:22   Macron welcomes Greece’s recovery and reforms pushed by Tsipras
  • 19:09   ADEX closing report
  • 19:08   Greek stocks end week 1.79 pct higher
  • 19:00   Greek bond market closing report
  • 18:44   Europe needs its own defence policy but not at the expense of other areas, Tsipras says (ADDS)
  • 18:15   Merkel urges member-states to show solidarity with Greece, Italy on migration
  • 18:01   Chambers Union urges government, municipal employees to resolve deadlock on trash
  • 17:58   Europe needs its own defence policy but not at the expense of other areas, Tsipras says
  • 17:47   Digital Policy ministry announces opening for ERT's managing director
  • 16:45   Helicopter crash survivor is in stable condition, says hospital
  • 16:26   Everything not 'all well' and his battle with cancer continues, Potami's Theodorakis reveals on Facebook
  • 14:26   Greek and Bulgarian relations a factor of stability in a troubled region, ND leader Mitsotakis says
  • 14:18   University of Piraeus launches department of Tourism Studies
  • 14:17   Talks on investments and return to the markets unfounded, says Centrists Union party
  • 13:49   Weather forecast: Sunny on Saturday
  • 13:37   President Pavlopoulos meets Bulgarian President Radev: Bulgaria and Greece are a model of good neighbourly
  • 13:21   Greece examines plan to issue shipping bonds
  • 13:21   Culligan Hellas renamed to Watera Hellas
  • 13:20   Hellenic Petroleum says five-month results significantly up
  • 13:19   Building materials' prices down 0.1 pct in May
  • 12:39   ND leader Mitsotakis condemns events in Hagia Sophia in a letter to UNESCO
  • 12:17   Health spending in Greece down 40 pct in 2009-2015, Deloitte survey
  • 12:16   Two-phase development plan for Thessaloniki port
  • 12:15   Pavlidis Marble-Granite to pay 73 million euros to buy Stoneworks
  • 12:14   ND leader Mitsotakis: Greece has prospects if necessary reforms are carried out
  • 12:11   Eurogroup's decision opens the way for Greece's return to the capital markets, Parliament President Voutsis says
  • 11:51   President Pavlopoulos sends strong message to Ankara
  • 11:45   9,487 migrants and refugees stranded on the northern Aegean islands
  • 11:36   Greek wanted by German authorities for drug dealing arrested in Thessaloniki
  • 11:27   Two dead, one injured in helicopter crash in Schinias wetland
  • 11:13   Athens Stock Exchange opening: Decline
  • 11:08   Helicopter crashes in Schinias wetland
  • 11:02   Greece participates in Asian Investment and Infrastructure Bank's meeting
  • 10:41   Cosco to construct new floating tank in Piraeus
  • 10:08   Athens Newspapers Headlines
  • 09:49   PM Tsipras stresses the European dimension of Cyprus issue
  • 09:43   Hagia Sophia is of extreme importance, State Department spokesperson Nauert says
  • 23:22   IMF reiterates need to lower Greece’s primary surplus target after 2022
  • 23:07   Government VP reiterates possibility of Greece tapping markets in 2017
  • 22:19   Tsipras, Mitsotakis congratulate Team Greece for reaching Eurobasket Women’s semi-finals
  • 21:13   Municipal sanitation employees extend labour action until June 29
  • 21:08   Team Greece crush rivals Turkey to reach semi-finals of Eurobasket Women 2017
  • 20:39   Tsipras and Macron meet on European Council sidelines (ADDS Tsipras tweet)
  • 20:19   ADEX closing report
  • 20:18   Greek bond market closing report
  • 20:17   Border police 'lay down the law' for Albanian ...herb tea smugglers
  • 20:09   Minister says village destroyed by earthquake in Lesvos will ‘become as it was’
  • 19:02   Mitsotakis criticizes Tsipras on municipal employees' strike
  • 18:35   Charges against former GenSec for Public Revenues Katerina Savvaidou dropped
  • 18:07   Greek stocks end lower
  • 18:01   Tsipras and Macron meet on European Council sidelines
  • 17:59   Tsipras: Left-Right distinction remains dominant political differentiation in Europe
  • 17:06   Family of Hollywood heavyweight Will Smith goes beach-cleaning on Antipaxi
  • 16:06   EU's progressive forces must give priority to 'social Europe' says Tsipras
  • 15:50   PM Tsipras and Cyprus president may have second meeting on Thursday
  • 14:39   Lampsa Hotels to cooperate with AccorHotels in Serbia
  • 14:38   PASOK leader Gennimata asks for partners' commitment on debt relief
  • 14:25   We want an out-of-court mechanism to succeed, Greek banks say
  • 14:24   Developments in Turkey to be discussed at EU leaders' working dinner
  • 14:07   Hagia Sophia is a UNESCO world heritage site, states UNESCO's Assistant Dir. Gen Bandarin
  • 13:59   Iron Mountain Hellas acquires Mad Dog SA
  • 13:50   PPC, Larco sign energy supply contract
  • 13:48   PM Tsipras tries to escape from the reality, says ND spokesman Kikilias
  • 13:40   Sunlight Systems' bond debuts in ASE
  • 13:37   Security is Europe's priority, ND leader Mitsotakis says
  • 12:54   Weather forecast: Sunny on Friday
  • 11:52   ECB lowers borrowing ceiling for Greek banks
  • 11:44   Light tremor wakes up Lesvos; part of seismic sequence, say seismologists
  • 11:40   President Pavlopoulos to visit quake stricken Lesvos on Sunday
  • 11:39   Dombrovskis outlines EU Commission's plan for investments and employment in Greece
  • 11:23   Athens Stock Exchange opening: Small rise
  • 10:33   Foreign Ministry's announcement on the Koran reading and holding of prayers in Hagia Sophia
  • 10:32   The new Patras port supports the development of the wider region, its CEO says
  • 10:14   Infrastructure Min Spirtzis visits Mytilene
  • 10:07   PM Tsipras to meet Cyprus President Anastasiades on Thursday
  • 09:51   Athens Newspapers Headlines
  • 23:54   Xinhua welcomes closer cooperation with ANA; reports on new website's presentation
  • 23:41   Avramopoulos, Mouzalas call for common European policy for migration
  • 23:38   Avramopoulos, Mouzalas call for common European policy for migration
  • 21:43   Tsipras: Europe cannot improve if it is not progressive (ADDS)
  • 21:07   Tsipras: Europe cannot improve if it is not progressive
  • 20:23   Dragasakis briefs EU ambassadors on Eurogroup outcome
  • 20:13   Crew of cigarette-smuggling ship remanded in custody
  • 19:59   Proposal on business debt settlement plan is in right direction but changes needed, says Chamber head
  • 19:43   ADEX closing report
  • 19:41   Greek stocks fall on profit taking
  • 19:40   Greek bond market closing report
  • 19:33   Greece is hosting largest part of one of most important energy projects worldwide, says TAP chief
  • 19:19   Night of opera to honour Maria Callas in diva's ancestral Messinia home
  • 18:38   ND leader Mitsotakis to take part in EPP summit in Brussels
  • 18:36   Greece 22nd out of 28 EU countries in innovation - Commission survey

eana