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Greek government prepares to send the Troika the new list of measures

Contrary to last week’s reassuring statements, the government is trying to integrate some highly unpopular measures

Newsroom November 29 10:00

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The Greek government will attempt today to gauge the Troika’s true intentions by sending the new list of measures that will persuade the country’s lenders to return to Athens.

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The meetings that started on Friday in Maximos Mansion and the Ministry of Finance, focusing in creating the “perfect combination” of measures, are expected to continue over the weekend and Finance Minister Gikas Hardouvelis will probably send Troika the list with the country’s positions today.

This action will reveal the true intentions of the lenders: whether they actually want to return to Greece for the final assessment or plan to delay the process to extend the country’s stay in the bailout program.

According to information, until late last night the list of measures to be sent to the Troika had not been completed. Contrary to last week’s reassuring statements, the government is trying to integrate some highly unpopular measures, e.g. the increase of the reduced VAT rate from 6.5% to 8% -10%. Why do this? Not to cover the budget gap of 2015, which the government denies and only the Troika forecasts, but mainly to deprive lenders the excuse they had to postpone their return to Athens at the last moment.

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