Troika brings back its request for dismissal of 26,000 civil servants
29.03.2013
21:31
The Greek government estimates that the Greek budget for 2013 will have a gap of more than 1 billion euros. They are also concerned that unless urgent action is taken the next tranche of 3.2 billion euros...
The Greek government estimates that the Greek budget for 2013 will have a gap of more than 1 billion euros. They are also concerned that unless urgent action is taken the next tranche of 3.2 billion euros might be jeopardized. The economic team believes that the tranche of 2.8 billion euros, which will have to be disbursed immediately will pose no problems, but it estimates that for the next one of 3.2 billion euros troika should give immediate answers.
Finance Minister Stournaras said there is no issue of a gap in revenues and the meetings will continue.
Troika continues to insist on the dismissal of 26,000 public servants and to implement measures for social security funds (a few installments for the payment of insurance contributions).
The economic team is trying to activate all the mechanisms to prevent the economy deviating from the set targets, knowing that troika’s supervision will be particularly hard upon its return. The main concern derives from the effects of the crisis in Cyprus, while uncertainty is also expressed about the geopolitical stability of the country.
What also worries the Greek government is that after any deviation from the targets, Germany might go to extreme decisions corresponding to the solution given in Cyprus.
Meanwhile, during yesterday's marathon meeting at the Ministry of Finance, Samaras expressed concern over the worsening recession and his requirement to accelerate the payment of debts of public enterprises to "pour money" in the market.
"We are giving money but it will have to reach the market," a government source said after the meeting.
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