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Having failed to resolve differences, Greece and lenders enter new week of talks
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After calm summer, hectic September lies ahead for Greek government
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Finance Ministry says revenues beat revised target by 105 mln in July
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IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
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Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
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Lenders flag up minimum wage, trade union law among issues to be examined in next review
Bailout talks resume with key issues pending and contingency measures emerging
The International Monetary Fund spring meetings and the discussions of Greek authorities with eurozone and IMF top officials on the sidelines did not yield any meaningful results apart from a proposal apparently made by the institutions for contingent measures of up to 2 percent of GDP (3.6 billion euros) to bridge the difference between the IMF and the eurozone partners on the fiscal gap to 2018.
The European Commission along with the Greek government see a fiscal gap of 3 percent to achieve a primary surplus target of 3.5 percent of GDP in 2018. Starting from a lower fiscal base and with a different approach on what the proposed measures might ...
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