Gerovasili: Negotiation at Technical Level in the Final Stage

Olga GerovasiliGreek Government spokeswoman Olga Gerovasili said that the government estimates that the negotiation at the technical groups’ level is in the final stage and this agreement may become the basis for the completion of the Greek program’s review, during her briefing to the press.

Gerovasili said that the European institutions returned to Athens, Greece, on Tuesday and IMF’s representative will arrive in Athens on Wednesday to participate in the deliberations.
She said that the messages from abroad say that the review must be completed and stability to prevail and underlined that at this moment the government is not interested in the political cost but in the country and the Greek people’s benefit.

Asked if the possibility of additional measures is a red line for the government, Gerovasili said that the existing agreement foresees that if the targets are not met then additional measures will be imposed. “However, to discuss today for measures in case 2018 primary surplus target is not met, makes no sense and it is not good for the economy and destabilizes the economic climate” said Gerovasili.

The government spokeswoman dismissed reports that the Tsipras government is considering snap elections or yet another referendum on creditors’ terms.