II. Moskovisi: Accepted an ongoing vigorous-based program for the recovery of Greece
Yesterday's Eurogroup for Greece, it was a meeting that surpassed a significant milestone, "said Finance Commissioner Pierre Moskovisi the EP plenary in Strasbourg.
"The Eurogroup involving people from all political sensitivities," he explained and added, "what we achieved yesterday was to overcome this landmark, where a reform program is ongoing and is robust, can be accepted by all of us and form the basis for a return of confidence and growth in Greece. "
On the vote in Greek parliament on Sunday Pierre Moskovisi explained that is the first part of the structural reforms needed to be done to complete the evaluation of the macroeconomic adjustment program. These reforms insurance and tax, will have a significant and lasting impact, throughout; that they are equal to 2% of Greek GDP.
Also explained as part of an overall package that has to do with the creation of an independent mechanism for revenue, a mechanism for non-performing loans and the introduction of a new privatization and investment fund.
About the extraordinary fiscal measures mechanism, the famous "cutter" Commissioner of Finance explained that part of the conditions to be agreed. He explained that this mechanism will help to meet the target set last year for a surplus of 3.5% in 2018 while stated that the European Commission considers that the existing measures are sufficient to achieve the objective, but not all share the view and thus led to the creation of a mechanism to ensure that all partners for the credibility of the commitments of the Greek side. "The message is clear," stressed, "the Greece with its partners managed to make significant progress from August 2015 to date, but we have not yet managed to reach the finish."
Yesterday's Eurogroup for Greece, it was a meeting that surpassed a significant milestone, "said Finance Commissioner Pierre Moskovisi the EP plenary in Strasbourg.
"The Eurogroup involving people from all political sensitivities," he explained and added, "what we achieved yesterday was to overcome this landmark, where a reform program is ongoing and is robust, can be accepted by all of us and form the basis for a return of confidence and growth in Greece. "
On the vote in Greek parliament on Sunday Pierre Moskovisi explained that is the first part of the structural reforms needed to be done to complete the evaluation of the macroeconomic adjustment program. These reforms insurance and tax, will have a significant and lasting impact, throughout; that they are equal to 2% of Greek GDP.
Also explained as part of an overall package that has to do with the creation of an independent mechanism for revenue, a mechanism for non-performing loans and the introduction of a new privatization and investment fund.
About the extraordinary fiscal measures mechanism, the famous "cutter" Commissioner of Finance explained that part of the conditions to be agreed. He explained that this mechanism will help to meet the target set last year for a surplus of 3.5% in 2018 while stated that the European Commission considers that the existing measures are sufficient to achieve the objective, but not all share the view and thus led to the creation of a mechanism to ensure that all partners for the credibility of the commitments of the Greek side. "The message is clear," stressed, "the Greece with its partners managed to make significant progress from August 2015 to date, but we have not yet managed to reach the finish."
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