A cabinet minister speaking under condition of anonymity revealed that the current round of negotiations with the troika is “tough and we still have a long distance to go”. According to the Minister, the intention is come to a deal by Monday.
While the minister revealed that “there is no fiscal gap issue” for 2014, he conceded that the the implementation of the OECD’s proposals will be paramount in the collection of the next loan installment.
So far the troika has rejected the Greek counter-proposals regarding the deregulation of milk, non-prescription medication and book, with another Minister remarking that the government is faced with serious political decisions.
The troika will be visiting the Ministers of Health and Growth on Tuesday, where they will continue negotiations. Aside from the OECD’s proposals, the Ministry of Growth has to address the simplification of permit procedures, commercial elases and implementing the “Irish model” with regards to private debt.
Similarly, the troika’s negotiations with the Ministry of Administrative Reform have also stalled, with a Ministry officer revealing that “it will be highly unlikely that we finish by Friday” and commented that “if we can’t come to a deal at the [Ministry of ]Administrative Reform where we have a simple job to do, you can imagine what is going on with all the other unresolved issues”.
