The latest list of reform proposals composed by the Ministry of Finances has reportedly troubled many SYRIZA MPs, who expressed their concerns at Thursday’s Parliamentary Group meeting.
A lot of the criticism came from SYRIZA’s “internal opposition”, the Left Wave, particularly regarding the references to a 3.1% GDP primary surplus. A high-ranking Minister went so far as to accuse the government of “unnecessary use of tactics” after the end of the group meeting.
The Finance Minister Yanis Varoufakis responded that the primary surplus target is 1.2% GDP and that anything beyond that will be diverted towards implementing social and growth policies. Additionally, Mr. Varoufakis spoke of a “modular solution” and gradual unblocking of the negotiations within April. Similarly, the restoration of funding towards Greece will also be gradual.
The government expects the European Central Bank to make the first move, which will then be followed by Eurogroup decisions that will gradually release funds for the Geek economy, in what some have described as “water torture”.
