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Athens Macedonian News Agency: News in English, 15-05-20

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

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

CONTENTS

  • [01] Brussels Group resumes intensive talks to bridge gap in negotiations with Greece
  • [02] Central government debt down to 312.7 bln euros in Q1 2015

  • [01] Brussels Group resumes intensive talks to bridge gap in negotiations with Greece

    ANA-MPA -- The Brussels Group is meeting on Wednesday in Brussels to bridge the gap on open issues discussed in the ongoing negotiations between Greece and its lenders. Greek sources in Brussels with knowledge on the subject said talks between Greek authorities and the representatives of the institutions will continue until Saturday, without excluding more meetings. The Greek side wants an emergency Eurogroup meeting to be held before the start of June which will issue a statement saying progress has been achieved and a comprehensive agreement is close at hand. The same sources argue that such a statement would allow the ECB to raise its cap in the issuance of T-bills. The issues still discussed in the negotiations are the VAT, pension and labour reforms, non-performing loans, the fiscal gap, primary surpluses and an analysis of debt sustainability. Concerning VAT, the sources say it's possible to agree with lenders on three categories for the tax, with food set at the lower rate. On pension reforms, the thorny issue is limiting early retirement, according to the sources.

    [02] Central government debt down to 312.7 bln euros in Q1 2015

    ANA-MPA -- Greek central government debt fell to 312.701 billion euros at the end of the first quarter of 2015, from 324.127 billion euros at the end of December 2014, official figures showed on Wednesday. The Public Debt Management Organisation, in a report said that the Greek state's cash reserves totaled 796.5 million euros at the end of March, from 2.574 billion euros at the end of December 2014.
    Athens News Agency: News in English Directory - Previous Article - Next Article
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