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Athens Macedonian News Agency: News in English, 13-09-22

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Troika to meet with FinMin Stournaras on Sunday

  • [01] Troika to meet with FinMin Stournaras on Sunday

    ANA/MPA--Finance Minister Yannis Stournaras will have his first meeting with the troika of Greece's creditors, who are returning to Athens for the next scheduled review of the economy, on Sunday, September 22.

    According to information available to date, the negotiations between the government and the troika - representatives of the European Commission, International Monetary Fund and the European Central Bank - will be held in three stages.

    The first stage is expected to focus on the course of the four prior actions for the next disbursement of the Greek loan amounting to 1 billion euros in October - they include the defence industries and Larco; the state's debt to Athens and Thessaloniki Sewage and Water Supply Companies; the lawyers code, and the civil servants' mobilisation scheme.

    Moreover the rate of the recession this year is expected to be set - as eventhe lower percentage affects positively the debt and the deficit - and the creation of a primary surplus made final. According to Stournaras, there will be a primary surplus, even if a slight one.

    The troika representatives will pay another visit to Greece on October 15 - in the second stage - in order to introduce issues related to the Mid-Term Programme, the fiscal gap and the updating of the memorandum.

    Government sources said that the final stage is expected to take place in the last two months of the year, and is the most crucial one, as it will require negotiations over the fiscal gap and the sustainability of the public debt.


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