Government and the troika agreed that despite the extension of debt repayment that will probably be achieved, Greece will abide by the memorandum after 2014.
According to what circles from the Finance ministry said, Giorgos Papakonstantinou agreed that Greece will receive added measures that will cover throughout 2015 and will aim at gaining 12,77bil euros and will be specialized in the following months before the agreement with troika in March.
“The αιμ for the τroika is the medium-term framework of 2012-2015”, emphasized the same sources. “We will make an open and substantive dialogue with economists, political parties and social organizations for targeted actions and costs required to be developed, to be specified for each ministry. This should be enacted by May”.
The aim is the primary surplus in 2015
The goal is to have the 2015 primary surplus in the Greek economy of around 5% of the GDP, instead of the 3% deficit of 2013 and a balanced budget in 2014. "The question now is not the deficit, but where we should target to begin reducing the public debt”, reported sources of the financial staff.
From the meetings with the envoys of lenders, resulted three major uncertainties for troika: the checking for hidden costs and liabilities of the public sector, tax evasion and the course of privatization. As a responsible factor of the financial staff said “I want to see privatization too!”
Agreement on taxes on “Swiss” capital too
Regarding those that send money in Swiss banks, relevant sources admit that “nobody knows how much the Greek capital is abroad. The goal is to move to a bilateral agreement with Switzerland, like England and Germany, under which the banks will be obliged to pay a percentage of the capital. However, there are safeguards. It will not open accounts, but a certain amount will be collected and Switzerland will manage to cleanse the past and ensure the anonymity of the depositors” said another executive of the financial team.
According to what circles from the Finance ministry said, Giorgos Papakonstantinou agreed that Greece will receive added measures that will cover throughout 2015 and will aim at gaining 12,77bil euros and will be specialized in the following months before the agreement with troika in March.
“The αιμ for the τroika is the medium-term framework of 2012-2015”, emphasized the same sources. “We will make an open and substantive dialogue with economists, political parties and social organizations for targeted actions and costs required to be developed, to be specified for each ministry. This should be enacted by May”.
The aim is the primary surplus in 2015
The goal is to have the 2015 primary surplus in the Greek economy of around 5% of the GDP, instead of the 3% deficit of 2013 and a balanced budget in 2014. "The question now is not the deficit, but where we should target to begin reducing the public debt”, reported sources of the financial staff.
From the meetings with the envoys of lenders, resulted three major uncertainties for troika: the checking for hidden costs and liabilities of the public sector, tax evasion and the course of privatization. As a responsible factor of the financial staff said “I want to see privatization too!”
Agreement on taxes on “Swiss” capital too
Regarding those that send money in Swiss banks, relevant sources admit that “nobody knows how much the Greek capital is abroad. The goal is to move to a bilateral agreement with Switzerland, like England and Germany, under which the banks will be obliged to pay a percentage of the capital. However, there are safeguards. It will not open accounts, but a certain amount will be collected and Switzerland will manage to cleanse the past and ensure the anonymity of the depositors” said another executive of the financial team.
by Kostis Piantzos
Source: PROTO THEMA
