After the recent meeting of the Government Council for Economic Policy, a senior finance officer claimed that the negotiations must conclude by the 15th of Aprils, in time for the IMF’s spring meeting.
According to the same source, Greece’s creditors have agreed to the European Commission’s recommendation of measures worth 3% of the GDP, rather than the 4.5% proposed by the International Monetary Fund.
The government official also noted that there is some difficulty in the tax measures that need to be taken, which in 2018 will amount to 1.8 billion euros. The review, he added, would conclude as soon as an agreement is reached on the pension reform and budget.
Following Monday’s economic cabinet meeting it came to light that the Greek government and its creditors have agreed on economic measures of more than 5 billion Euros.
A divergence of opinion between Greece and its lenders also exists on the height of the 2018 tax revenue, the sum of which has been set to 1.8 billion Euros.
Finally, the Greek official expressed concern over the stance by German Finance Minister Wolfgang Schauble on the issue of the Greek debt relief, which the government is pushing to be included in the talks. He added that even the IMF agrees it should be examined.
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