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Greek Gov’t In Perplexity Ahead Of Hot September
The Greek government seeks to solve a Gordian’s knot puzzle in the first –after the holidays- ministerial meeting under Prime Minister George Papandreou. It is called to find benefits that would be included in the announcement on September 3, and the speech at the International Fair of Thessalonica (TIF) a week later.
The problem is that developments at the same period will not allow any benefits, as the troika would be in Athens to review the austerity program and sign a new memorandum, which is likely to include new interventions to cut the state deficit. Moreover, the negotiations for the new rescue loan would reach a peak with the Franco-German axis asking for tighter fiscal policy.
Additionally, reactions would be the imponderable x factor. Next September is expected hot, as the announcement of the new measures begins today by state broadcast channel ERT, while SOEs, public payroll, taxis, liberalization of professions and many more measures follow.
The question is how hot it would be, while the “Marshall” plan announced by European leaders is now considered hard to be implemented. It would provide a series of development incentives to be announced at the TIF as benefits.
Officials note that the National Strategic Reference Framework and other development tools are the only benefit “storage”, along with the promises for tax and social justice in the future.
However, anything would happen under the troika’s watching eye. The latter is expected to launch the assessment of Greece’s progress next week, but its people have already arrived in Athens to audit commercial banks.
It is estimated that a satisfying outcome of troika’s review would not require additional measures, while some modest benefits may be possible.
The Prime Minister is expected on Thursday to ask for acceleration of government’s work, with the announcement about ERT considered a crash test.
(capital.gr)
The Greek government seeks to solve a Gordian’s knot puzzle in the first –after the holidays- ministerial meeting under Prime Minister George Papandreou. It is called to find benefits that would be included in the announcement on September 3, and the speech at the International Fair of Thessalonica (TIF) a week later.
The problem is that developments at the same period will not allow any benefits, as the troika would be in Athens to review the austerity program and sign a new memorandum, which is likely to include new interventions to cut the state deficit. Moreover, the negotiations for the new rescue loan would reach a peak with the Franco-German axis asking for tighter fiscal policy.
Additionally, reactions would be the imponderable x factor. Next September is expected hot, as the announcement of the new measures begins today by state broadcast channel ERT, while SOEs, public payroll, taxis, liberalization of professions and many more measures follow.
The question is how hot it would be, while the “Marshall” plan announced by European leaders is now considered hard to be implemented. It would provide a series of development incentives to be announced at the TIF as benefits.
Officials note that the National Strategic Reference Framework and other development tools are the only benefit “storage”, along with the promises for tax and social justice in the future.
However, anything would happen under the troika’s watching eye. The latter is expected to launch the assessment of Greece’s progress next week, but its people have already arrived in Athens to audit commercial banks.
It is estimated that a satisfying outcome of troika’s review would not require additional measures, while some modest benefits may be possible.
The Prime Minister is expected on Thursday to ask for acceleration of government’s work, with the announcement about ERT considered a crash test.
(capital.gr)
