Nooz.gr: Hard to deal with troika for the "gap"
For next Tuesday renewed their "dating" their economic team and the heads of the troika, but few believe that you will agree, especially about the magnitude of the fiscal gap for 2014. Senior Finance Ministry official said, after today's four-hour meeting with representatives of the lenders that the government's objective focuses on two points: * To agree a basic scenario for the implementation ldm of the budget 2013 and budget 2014 * be given as whether the interventions by the Ministry of Labour and the results of tax compliance (eg raising revenue, due to the growth of the economy) and tax administration outweigh the budgetary gap of 2014. However, a factor that is closely following the negotiations indicates that gained the impression ldm that the heads of the troika ldm no urgency to complete the discussions. Indeed, continuously requesting additional information in order to be convinced of the objections Greek side on the necessary interventions in the economy. Rather, he said the same factor, the Greek side eager to conclude the negotiations, given the filing of the new budget until November 21. Feature ambiguity, which covers ldm mainly the attitude of the troika, is the fact that Tuesday will be discussed if and when representatives of lenders will return to Athens after de facto, discussions will be discontinued due to the Eurogroup meeting held on November 14. According to a senior ldm agent of the Ministry of Finance, in today's meeting opened all negotiating chapters. Particular, were discussed the 2013 budget and the 2014 budget, developments in the banking sector, the necessary structural interventions ldm (the large part of which, according to the Ministry of Finance to the Ministry of Development - auctions, business leases), the prerequisites measures a dose of 1 billion euros (pending since last July) and the acceleration of privatizations. This strain argued that "at the meeting was not in reference numbers for all" (although another factor ldm of economic team said: "The numbers ldm are in our favor") is intended, however, to categorically deny the possibility of filing a supplementary budget in of 2014. Reportedly, the big "open fronts" for representatives of lenders focus on the tax system and the "holes" in pension funds. On his part, the Finance Ministry has not ruled out the possibility of new measures for 2014, but identifies 500-700 million (instead of 2 to 2.5 billion allegedly asks the troika) and no case receives ldm additional measures relate to salaries, pensions and taxes. Noted that the heads of the troika will travel to the Ministry of Administrative Reform to consider planning for the second wave of availability of 12,500 employees, which will mainly come from local authorities, the health sector and pension funds. We will also discuss whether to count toward the 4,000 civil servants, who will be laid off in 2013, employees will be fired from the NDP and ELVO after the restructuring, if this finally decides the government. Furthermore, the troika must accept the government's request, be extended by 2-3 months the second wave of availability (with also 12,500 employees), as there are time limits for completion by the end of December.
Related ldm Articles ldm Optimistic Stournaras for crucial negotiations foroepidromi from 2010 to today the unknown ldm magnitude of the fiscal gap Stournaras: There will be no horizontal measures The government "progressing" without the troika
Last new class economy into "quarantine" those who do not pay VAT comes legalize illegal to "consideration" Play delays: ldm Friction within the troika small rise Bloomberg ldm Wall Street "The lack of liquidity prevents restarting the economy"
For next Tuesday renewed their "dating" their economic team and the heads of the troika, but few believe that you will agree, especially about the magnitude of the fiscal gap for 2014. Senior Finance Ministry official said, after today's four-hour meeting with representatives of the lenders that the government's objective focuses on two points: * To agree a basic scenario for the implementation ldm of the budget 2013 and budget 2014 * be given as whether the interventions by the Ministry of Labour and the results of tax compliance (eg raising revenue, due to the growth of the economy) and tax administration outweigh the budgetary gap of 2014. However, a factor that is closely following the negotiations indicates that gained the impression ldm that the heads of the troika ldm no urgency to complete the discussions. Indeed, continuously requesting additional information in order to be convinced of the objections Greek side on the necessary interventions in the economy. Rather, he said the same factor, the Greek side eager to conclude the negotiations, given the filing of the new budget until November 21. Feature ambiguity, which covers ldm mainly the attitude of the troika, is the fact that Tuesday will be discussed if and when representatives of lenders will return to Athens after de facto, discussions will be discontinued due to the Eurogroup meeting held on November 14. According to a senior ldm agent of the Ministry of Finance, in today's meeting opened all negotiating chapters. Particular, were discussed the 2013 budget and the 2014 budget, developments in the banking sector, the necessary structural interventions ldm (the large part of which, according to the Ministry of Finance to the Ministry of Development - auctions, business leases), the prerequisites measures a dose of 1 billion euros (pending since last July) and the acceleration of privatizations. This strain argued that "at the meeting was not in reference numbers for all" (although another factor ldm of economic team said: "The numbers ldm are in our favor") is intended, however, to categorically deny the possibility of filing a supplementary budget in of 2014. Reportedly, the big "open fronts" for representatives of lenders focus on the tax system and the "holes" in pension funds. On his part, the Finance Ministry has not ruled out the possibility of new measures for 2014, but identifies 500-700 million (instead of 2 to 2.5 billion allegedly asks the troika) and no case receives ldm additional measures relate to salaries, pensions and taxes. Noted that the heads of the troika will travel to the Ministry of Administrative Reform to consider planning for the second wave of availability of 12,500 employees, which will mainly come from local authorities, the health sector and pension funds. We will also discuss whether to count toward the 4,000 civil servants, who will be laid off in 2013, employees will be fired from the NDP and ELVO after the restructuring, if this finally decides the government. Furthermore, the troika must accept the government's request, be extended by 2-3 months the second wave of availability (with also 12,500 employees), as there are time limits for completion by the end of December.
Related ldm Articles ldm Optimistic Stournaras for crucial negotiations foroepidromi from 2010 to today the unknown ldm magnitude of the fiscal gap Stournaras: There will be no horizontal measures The government "progressing" without the troika
Last new class economy into "quarantine" those who do not pay VAT comes legalize illegal to "consideration" Play delays: ldm Friction within the troika small rise Bloomberg ldm Wall Street "The lack of liquidity prevents restarting the economy"
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