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Greek Govt Proposals to Brussels Group

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The Brussels Group technical teams will meet in Brussels on Saturday to discuss the list of reforms that will be submitted by the Greek government, which, according to government sources, foresee a primary surplus of 1.5% and a rate of growth of 1.4%, it was announced on Friday.
The actions included in the list of reforms will result to 3 billion euros in revenues that will definitely not come from wage, pension or lump sum cuts, government sources confirmed.
According to the Greek government, the list does not include recessionary measures while the reforms/actions will allow the economy to restart. The program is processed and cost estimated, ensuring a primary surplus of 1.5% of the GDP in 2015, while the positive growth rate is estimated to 1.4%.
For the first time, the reforms/actions will not target pensioners or wage earners, “the have-nots,” but “the haves,” the government said.
(source: ana-mpa)

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