The government considers that, since the past estimates have been proven true, there will not be a fiscal gap and this is the most serious disagreement with the troika, Greece ‘s Finance Ministry sources said on Tuesday referring to comments made to radio stations that the government has proposed additional fiscal measures to the troika in order to cover a possible gap in Greece ‘s State Budget.
The fulfillment of the fiscal targets is a common obligation for all the countries that are in a bailout programme as well as for all the eurozone countries that are bound by the Stability Pact.
Consequently, the ministry said the obligation to cover a possible fiscal gap exists regardless of the evaluation and the specific condition existed for all the previous years and is included in the Mid-Term Programme that was voted in April 2014.
On its part, the troika continues to ask for additional fiscal measures and insists on the existence of a fiscal gap. Ministry sources also said that, if hypothetically, the troika’s most gloomy predictions become true, the government has found ways to cover a possible gap. Moreover, they added that this hypothetical case will not occur.
(source: ana-mpa)
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