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> Economy

Greek govt, lenders still in disagreement — No Eurogroup in sight

A Finance Ministry source stated that there is no Eurogroup expected prior to April 24th

Newsroom April 1 07:25

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The Greek finance ministry claimed that a Euroworking Group meeting took place within a positive climate, after a 27-page-long explanation of planned reforms sent to the Brussels Group on Wednesday morning.

At the same time, however,  eurozone lenders appear to have dismissed a scenario of partial tranches towards to Greece, for every 2-3 reforms implemented, which was the proposal of the Greek government.

A finance ministry source, when asked whether Greece will be able to pay off its obligations to lenders as well as pensions and salaries in April, avoided making any comments.

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The basic points of contention between the leftist Greek government and the lenders are employment sector liberalization and layoffs, as well as insurance funds and pensions. Common ground was only found in privatizations, but the Greek side warned that lenders should not insist on the high revenue-generating goals they have set.

 

 

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