Tuesday, August 11, 2015

Athens and the creditors agreed to the primary indicators of the budget until 2017 – REGNUM

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Hellenic Republic, 11 August 2015, 04:57 – REGNUM Greece and its international lenders have agreed on terms of primary budget the next four years. It is reported by Reuters, citing a source in the Greek government, familiar with the negotiations.

In accordance with the agreement, the primary budget deficit in 2015 should reach 0.25% of GDP, the primary budget surplus 2016 is expected to reach 0.5% of GDP, in 2017 – 1.75%, in 2018 – 3,5%.

Recall the day before the Minister of Economy Greece George Stafakis said that negotiations on a third program of assistance are in the final stage. In Athens, the program is expected to support the credit of allocating 88.6 billion euros over three years, will be approved by the Eurogroup for the past week.

One of the key conditions for obtaining new loans is to create a privatization fund, which will be transferred to the Greek state assets worth 50 billion euros.

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