Greek Finance Minister: Differences With Troika Are Big

Author: Market News International | Category: News

ATHENS (MNI) – Greece’s Finance Minister Giannis Stournaras said
Wednesday that the gap between his government and the inspectors of the
so-called troika was “considerably big” – meaning that the officials
from the European Commission, the IMF and the ECB are disputing more
than E2 billion worth of the measures that the Greek government has
proposed to reach the goal of E13.5 billion in new deficit cuts being
imposed by the country’s official creditors.

Speaking to reporters after leaving the office of Prime Minister
Antonis Samaras, Stournaras said, “we will do our best to [win] release
of the next loan tranche for Greece,” which is worth E31.5 billion. But
he did not mention specific dates.

Asked whether he knew of a plan for a joint bailout program with
other countries including Spain and Cyprus, Stournaras said he was “not
aware of such a plan.”

A new meeting between Stournaras and the troika officials is
scheduled for tomorrow.

–Athens bureau; apapamiltiadou@marketnews.com

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