Greece has to convince lenders that the numbers will add up to reach a surplus

Author: Ryan Littlestone | Category: News

Greek finance minister Tsakalotos via Reuters

  • Has to convince lenders that the numbers will add up to reach a primary surplus of 3.5% of GDP by 2018
  • Expects lenders to return in due course, possibly next week
  • Technical teams are working on fiscal gap estimates
  • Once lenders return there will be two weeks of talks to conclude the first assessment

In reality, most lenders will be more convinced that there are fairies at the bottom of the garden than Greece being able to hit a target

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