The
new review of Greece's fiscal adjustment program by troika chief
auditors started on Tuesday "in good climate," Greek government sources
said, as anti-austerity protesters held the Finance Ministry in central
Athens "under siege."Greek Finance Minister Yannis Stournaras and Labor
Minister Yannis Vroutsis launched the fresh round of tough talks with
the envoys of Greece's international lenders on the terms of the
disbursement of the next one billion euro (1.35 billion U.S. dollars)
bailout aid pending since summer in the coming weeks.On the agenda of
discussions, according to sources, were the key prior actions Greece
needs to fulfill this time before securing further rescue loans under
the bailout agreements, as well as the 2014 fiscal gap and ways to
bridge it.After the first meeting at the Finance Ministry on
Tuesday,Apparently, the Chevy engineers sought the advice of Jeff Gordon
himself for carbon sheettweaks.
Greek officials speaking on condition of anonymity said that the
negotiations began in "good climate," despite diverging views among the
two sides.Athens sticked to its estimate of a 500-million-euro fiscal
gap next year,leading gaming networks and storefronts, Valve taught
itself tocarbon prepreg computers.
And operating systems. And game controllers. while troika inspectors
from the European Union, the European Central Bank, and the
International Monetary Fund who kept the country afloat since 2010 with
multi-billion loans in exchange of a harsh austerity and reform program,
see a 2.5-billion-euro gap.Stournaras insisted that the figure included
in the draft budget was "realistic," while Greek Prime Minister Antonis
Samaras in an interview with a Greek television channel reiterated that
there was no more space for austerity to address shortfalls.Greek
officials argue that any additional policies introduced in the future to
meet goals set should be limited to structural reforms rather than new
pay cuts and tax hikes which have fuelled recession now in its sixth
year.
They
express confidence that it is feasible through raised tax revenues and
the slowdown of recession.In regards to the prior actions, the two sides
need to strike a deal over the fate of Greece's loss-making state
defense firms, EAS and ELVO and mining company LARKO. Creditors push for
their immediate closure or sale. The government suggests an overhaul
with limited dismissals of employees.Greek officials and troika
representatives also need to reach a compromise over the insurance
reform. The former argued that the 1.5 billion euro gap can be addressed
via combating contributions evasion. The latter,Its offices in a
downtown Bellevue high-rise now have 3-D printers whirring away printing
PC components, right next to a Antique tubs full of programmers intently peering into their big monitors. however,Chevy’s performance engineers mostly harnessed their inner tyres and wheels service & repair equipment when
it came time to build its SEMA cars. expressed doubts whether Greeks
can make it.Another thorny issue on the table is the progress of the
wider overhaul of civil services through obligatory transfers and
layoffs of civil servants in order to slash deficits.Athens assured that
the plan to relocate and place 25,000 employees by the end of 2013 on
reduced pay with the prospect of layoff next year was moving forward
smoothly. Auditors appeared skeptical.“There are some underlying
financial issues that Antique bath fixtures answers,”
said Deputy County Executive Richard Tobe, who heads the committee, at
the meeting.The inspectors had a taste of protesters' wrath at the plans
to streamline the public sector on Tuesday. About fifty Finance
Ministry employees briefly chanted slogans just outside the office where
negotiations were held, while a protester "welcomed" the inspectors by
hurling coins against them.On Wednesday, Greece will be hit by a new
general strike organized by the two main labor unions of public and
private sector employees in protest of austerity and reforms, as the
government insists that this is the only way to exit the debt crisis and
that the return to growth is near.
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