Crisis: Greece-troika stalemated on 2013-2014 cuts
2-4 billion euros yet to be agreed on
(ANSAmed) - Athens - Negotiations between Greece and the troika (EU-ECB-IMF) on how much more hardship the country must inflict on itself in 2013-2014 in exchange for a 31.5-billion-euro bailout are still stalemated, local analysts said on Tuesday.
The numbers separating the two sides remain unclear, with Greek Finance Minister Yannis Stournaras airing 2 billion euros and unnamed troika officials telling Greek reporters 4 billion euros (2 billion from further cuts, 2 billion from further tax hikes) are still missing from the equation. Further cuts in wages and pensions, sacking tens of thousands more civil servants, and defanging private sector labor laws are among the troika conditions the Antonis Samaras administration is finding hard to digest.
Stournaras raised the issue of closing or merging redundant public entities in a meeting today with Administrative Reform Minister Antonis Manitakis, who told reporters that sackings ''are of dubious utility, and will bring about social and political destabilization.'' Asked whether more people will soon lose their jobs, Stournaras answered ''we are not discussing layoffs, we're discussing mergers.''
The numbers separating the two sides remain unclear, with Greek Finance Minister Yannis Stournaras airing 2 billion euros and unnamed troika officials telling Greek reporters 4 billion euros (2 billion from further cuts, 2 billion from further tax hikes) are still missing from the equation. Further cuts in wages and pensions, sacking tens of thousands more civil servants, and defanging private sector labor laws are among the troika conditions the Antonis Samaras administration is finding hard to digest.
Stournaras raised the issue of closing or merging redundant public entities in a meeting today with Administrative Reform Minister Antonis Manitakis, who told reporters that sackings ''are of dubious utility, and will bring about social and political destabilization.'' Asked whether more people will soon lose their jobs, Stournaras answered ''we are not discussing layoffs, we're discussing mergers.''
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