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.
  • 22:17   Greece's asylum service to receive 37 mln euros in 2016-17 to manage refugee crisis
  • 21:46   Czech FM arrives in Athens for talks with FM Kotzias on Thursday
  • 21:18   State gains ownership of Athens Concert Hall after picking up debt bill
  • 20:48   Supreme Court asks parliament to waive immunity of 3 Golden Dawn MPs
  • 20:21   Greek gov't, banks agree on management of non-performing loans
  • 19:59   Tourists turn to Greece, Spain, Portugal and Italy for their holidays, shun Turkey, TUI reports
  • 19:50   ND leader discusses refugee crisis with local government officials
  • 19:45   Acropolis to shut down at noon on Feb. 12 due to employees’ work stoppage
  • 19:22   EESC members will back resolution to keep Schengen intact, EESC President Dassis tells ANA-MPA
  • 19:13   Belgian artist Jan Fabre selected to head Athens & Epidaurus Festival
  • 18:56   ADEX closing report
  • 18:53   COREPER adopts Commission's recommendation to Greece over refugee flows
  • 18:49   Commission welcomes Greece's progress in managing refugee flows
  • 18:30   Labour Minister Katrougalos asks Economic and Social Committee to weigh in on draft legislation for farmers
  • 18:16   Greek stocks extend fall for seventh successive session‏
  • 18:08   German foreign ministry says proposal for NATO patrols in Aegean should be discussed in Brussels (ADDS)
  • 17:55   Greek bond market closing report‏
  • 17:55   PASOK says PM reiterated 'same old things' in his cabinet speech
  • 17:37   Crisis has affected both quantity and quality of jobs, especially in Greece, OECD report says
  • 17:32   ND: 'Tsipras is building system of vested interests tailor-made for him'
  • 17:18   Greece agrees with involving NATO to reduce migrant flows, Greek source in Brussels says
  • 16:43   Spending cuts better than tax increases, BoG governor says‏
  • 16:21   Greece's management of refugee flows will be improved by next month, Avramopoulos predicts
  • 15:36   South Aegean Regional Council opposes referendum, urges withdrawal of riot police from Kos
  • 15:36   German foreign ministry says proposal for NATO patrols in Aegean should be discussed in Brussels
  • 15:16   Police on the trail of two drug trafficking rings
  • 15:00   Greece has been out of Dublin since 2011; it's time to change it, EU Commissioner Avramopoulos says
  • 14:40   Defence Min Kammenos meets European Defence Agency exec.director
  • 14:25   Four Greek companies in the finals of European Business Awards
  • 14:22   Tender for TV licences on fast track procedure
  • 14:12   Greece ranks second globally in photovoltaic energy production
  • 14:07   Weather Forecast: Cloudy on Thursday
  • 13:23   Bank of Greece governor optimistic over Greek economic prospects
  • 12:59   Aegean Airlines increases its daily flights to the island of Skiathos
  • 12:59   Greece gives green light for Paxi waterway
  • 12:21   Macedonia farmers open border posts for a few hours to facilitate traffic
  • 12:18   Israeli Ambassador in Athens Ben Abba visits Intracom facilities
  • 11:54   Farmers to give press conference; Tempi Valley closed for second consecutive day
  • 11:52   PM Tsipras: Program review will be completed on time (LEAD ALL)
  • 11:31   The government's proposal on pension reforms complies with the agreement, PM Tsipras says
  • 11:28   PM Tsipras: Programme review will be completed on time
  • 11:23   Greece to meet its commitments for refugees reception centres by next week, PM Tsipras says
  • 11:09   The refugee crisis plagues our islands, PM Tsipras says
  • 11:08   Athens Stock Exchange opening: Rise
  • 10:57   We must be prepared for the possibility of closed borders, Alternate Migration Min Mouzalas says
  • 10:42   Former FinMin Varoufakis presents DiEM25 movement
  • 09:57   Athens Newspapers Headlines
  • 09:49   Two ferries with 1,295 aboard dock at Piraeus port
  • 09:39   Cabinet meeting on government legislative work
  • 22:59   Austria to send army, police at FYROM-Serbia border to halt refugee flow
  • 22:45   Greece will guard its borders but will not resort to pushbacks, says minister during Slovakia visit
  • 22:33   New Democracy leader announces HQ's move to low-rent area
  • 22:16   Eurogroup’s chief has not asked Greece to pass new measures, says Finmin source
  • 22:03   ND leader sends condolences to Merkel for Bavarian train crash
  • 21:44   Larisa farmers: 'We will not leave Athens empty-handed'
  • 21:00   Society is ready to support reforms if they fight inequality, says Gov’t VP
  • 20:59   Environment and Energy Minister Panos Skourletis meets Palestinian ambassador
  • 20:47   Measures in Dijsselbloem letter are not 'new', finance ministry sources say
  • 19:10   ADEX closing report‏
  • 19:04   Attica Bank ready to support enterprises, chairman says‏
  • 19:03   Greek bond market closing report
  • 18:58   Greek stocks remain under pressure
  • 18:07   'Tsipras' policies are not resolving any problems', says main opposition spokesman
  • 17:58   Defence minister Kammenos briefs EU Commissioner on progress in preparing hotspots, relocation centres
  • 17:42   Gov't will table legislative regulation for TV licenses, says parliament head
  • 17:18   Passenger traffic up 11.5 pct in Jan‏
  • 17:16   Greek insurance market outlook positive, BoG vice-governor says‏
  • 17:08   President Pavlopoulos meets EESC head Georges Dassis, urges action to defend social state in EU
  • 16:57   Head of eurozone’s new bank regulator meets Greece's central banker
  • 16:35   Ro-ro ship "Alios" successfully dislodged after running aground near Kea
  • 16:11   Head of Turkish interior ministry's migration management service to visit Greece on Thursday
  • 15:22   Attica Region head Rena Dourou meets French ambassador
  • 14:53   Greece needs to be more specific on pension reforms, Dijsselbloem says
  • 14:45   Banking Mediator to launch e-services in H2 of 2016
  • 14:43   Greek economic program review needs to be concluded soon, EU official says
  • 14:24   Interior Minister Kouroumblis: Some EU countries have an appropriate and irresponsible attitude
  • 14:15   Weather Forecast: Clouds, rain on Wednesday
  • 13:58   Programme review must be completed quickly, gov't spokeswoman says (UPDATE)
  • 13:45   Rhodes island coasts swamped with fish
  • 13:35   ND leader Mitsotakis calls on PM Tsipras to withdraw bill on pension reforms
  • 13:19   City of Kos to conduct referendum over construction of hotspot
  • 13:07   Refugees crossing to Fyrom at Idomeni carried out normally
  • 13:04   Programme review must be completed quickly, gov't spokeswoman says
  • 12:48   Tsipras has phone contact with Merkel on her visit to Turkey
  • 12:26   Alt FM Xydakis briefs Austrian Ministers on Greece's efforts and positions on the refugees issue
  • 12:22   Foreign Ministry expresses condolences to the Germans
  • 12:15   Athens Stock Exchange returns back to 1989 levels
  • 12:11   Alt. FM Xydakis to have series of meetings in Bratislava and Budapest
  • 11:22   EU country exiting the Schengen zone never raised, says Commissioner Avramopoulos
  • 11:18   Athens Stock Exchange opening: Decline
  • 10:55   Tempi Valley close indefinitely as of Tuesday noon
  • 10:16   "Blue Star 1" with 1,034 refugees aboard docks at Piraeus port
  • 09:53   Alternate Migration Min does not rule out negative acts on the part of Europe
  • 09:25   Athens Newspapers Headlines
  • 22:23   Legalization of industrial hemp, cannabis could help economy, say 20 SYRIZA MPs
  • 21:46   Farmers toughen stance, announce will close Tempi Valley indefinitely on Tues.
  • 21:25   ND is unaware of what happened in European stock markets - PM's office
  • 20:27   Journalist bodies condemn attack against Greek reporter, call for investigation
  • 20:07   Serious public administration reform requires continuity, President Pavlopoulos says
  • 19:46   EU anti-fraud body seizes 55 mln smuggled cigarettes in Greece, Cyprus in Jan
business wire