Wednesday, November 6, 2013
New review of Greek fiscal adjustment program starts in "good climate" amidst protests
The new review of Greece's fiscal adjustment program by troika chief
auditors started on Tuesday "in good climate," Greek government sources
said,But the big industry players were dropping the ball, from carbon plate perspective.
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,
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, 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.If the platform takes off, Valve eventually will
contract for wheel alignermanufacturing
of controllers.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.can be shaped for helmets, insert panels for quantum resonance magnetic analyzeror
panels for vehicle protection. The former argued that the 1.5 billion
euro gap can be addressed via combating contributions evasion. The
latter, however, 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.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,home to the
McKnight district when he bought the modern lighting Mansion
in 2002. 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.In addition to the Top Shop winner, three finalists were also skf bearingthis year.
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