Δευτέρα 29 Αυγούστου 2016

None Moskovisi hint ELSTAT

None Moskovisi hint ELSTAT


The need to quickly implement the prerequisites associated with the release of sub-doses of 2.8 bn. Euros in order then to make way for the second evaluation and specification of measures for debt, confirmed during today's meeting them in Brussels, the finance and economy ministers, Euclid Tsakalotos and George Stathakis and the deputy finance minister, George Chouliarakis, the Economy Commissioner Pierre Moskovisi. That said, from Brussels, government sources.

According to the same sources, the meeting, which was a continuation of earlier meetings with Mr. Moskovisi focused on three issues. Specifically, it confirmed the need to quickly complete the process with the prerequisites in order to directly disbursed to sub-dose of 2.8 bn. Euros. The same it agreed happen with the prerequisites of the second evaluation, in order to pave the way for debt adjustment.

Second, it confirmed the need to create a "red phone» (crisis management) for direct communication between Athens and Brussels, in order to resolve quickly any issues that arise. This is because, as noted by government sources, there is great scope to improve cooperation through such a communication line, which should be exploited.

Thirdly, the two sides stressed that there should be expertise of all debt restructuring before the end of the year, in order to give a clear signal to the markets about the sustainability of Greek debt.

The same government sources reported that during the meeting of the three government ministers with Mr. Moskovisi there was no discussion on the issue of ELSTAT. However, did not exclude this issue be discussed in today Euroworking Group which meets in Brussels.

Moreover, as emphasized well informed European sources, this meeting was an opportunity to continue the discussions held during the visit of Mr. Moskovisi in Athens last July.

The two sides took stock of the progress made in relation to the benchmarks and agreed that it should be completed as soon as possible, in September, in order to help create a positive dynamic for the second revision this fall.

It was also agreed that the evaluation should in turn proceed to a swift conclusion so as to pave the way for decisions to be taken before the end of the year for debt and for IMF involvement.

Finally, to facilitate these objectives, it was agreed that both sides work together to further improve the working methods and optimize the design and to address key issues.

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