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Stournaras: Negotiations are Tough but Continuing

stournarasYannis Stournaras, the Finance Minister, told reporters that “the negotiations with Troika are tough but they are continuing as normal.” He expressed his certainty that there will be no further horizontal fiscal measures.
According to sources, troika wants another 2 billion Euros in austerity measures for 2014, and Stournaras responded “we cannot accept opinions which seem to undervalue the efforts of the Greek people and the improvement of all economic indicators.”
In regards to the debate about the sustainability of the Greek debt, the Minister of Finance said that we need “debt impairment,” also adding that this can be achieved by extending the maturity of loans, or by reducing the interest rates.
The reporters found Mr. Yannis Stournaras outside the Maximos Mansion after the meeting with the PM Antonis Samaras and other cabinet officials, following their efforts to streamline the Greek Civil service in the way that Troika proposes.

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