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Omerta Between Greek Government And Troika
The negotiators with the international lenders about the final package of €78.4b measures remain silent, while the troika has arrived in Athens not only to contribute to detailed and cost estimated measures but also to ensure that the measures will be implemented.
The troika officials began the first assessment of the situation at a meeting with the Finance Minister Giorgos Papakonstantinou and Deputy Minister Philippos Sachinidis. The meeting had been interrupted by the on-off visit of Papakonstantinou in Paris for the meeting of the OECD, and the negotiations resume on Thursday.
Not much has leaked from yesterday’s meeting, and the similar covertness is expected in the coming days, as the additional measures and assurances that the troika asks are considered many and tough, according to European sources.
The troika believes that the measures already announced are inadequate and called for additional revenue measures. Their amount will be finalized after the conclusion of the detailed costing of the announced measures, focusing of tax revenues and interventions in public enterprises.
It also requires clear assurances that the measures will be implemented. Government’s inability to announce the full package even for 2011 on Monday showed that the margins have been narrowed that the interventions would be so tough that cannot be easily announced according to officials.
The troika is reportedly very sceptical about the performance of the new package and focuses on privatizations, examining each individual case.
Moreover, after the statements of strong disagreement by the political leaders, it asks for a bipartisan agreement and assurances of €50b privatizations. Sources noted that the international lenders intent to establish a special independent body to carry out privatizations, according to the German model.
The government has not denied the possibility, said the Finance Minister at a television broadcast on Monday, but it seeks the way to gain the acceptance of internal party member and the opposition. The same applies to the revenue measures, which should be accepted by the Greek society. Until then, the climate is under preparation in an environment of covertness, while a polarizing dilemma is promoted: measures or default.
(capital.gr)
***
Altre indiscrezioni.
The negotiators with the international lenders about the final package of €78.4b measures remain silent, while the troika has arrived in Athens not only to contribute to detailed and cost estimated measures but also to ensure that the measures will be implemented.
The troika officials began the first assessment of the situation at a meeting with the Finance Minister Giorgos Papakonstantinou and Deputy Minister Philippos Sachinidis. The meeting had been interrupted by the on-off visit of Papakonstantinou in Paris for the meeting of the OECD, and the negotiations resume on Thursday.
Not much has leaked from yesterday’s meeting, and the similar covertness is expected in the coming days, as the additional measures and assurances that the troika asks are considered many and tough, according to European sources.
The troika believes that the measures already announced are inadequate and called for additional revenue measures. Their amount will be finalized after the conclusion of the detailed costing of the announced measures, focusing of tax revenues and interventions in public enterprises.
It also requires clear assurances that the measures will be implemented. Government’s inability to announce the full package even for 2011 on Monday showed that the margins have been narrowed that the interventions would be so tough that cannot be easily announced according to officials.
The troika is reportedly very sceptical about the performance of the new package and focuses on privatizations, examining each individual case.
Moreover, after the statements of strong disagreement by the political leaders, it asks for a bipartisan agreement and assurances of €50b privatizations. Sources noted that the international lenders intent to establish a special independent body to carry out privatizations, according to the German model.
The government has not denied the possibility, said the Finance Minister at a television broadcast on Monday, but it seeks the way to gain the acceptance of internal party member and the opposition. The same applies to the revenue measures, which should be accepted by the Greek society. Until then, the climate is under preparation in an environment of covertness, while a polarizing dilemma is promoted: measures or default.
(capital.gr)
***
Altre indiscrezioni.
