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Ten days of agony for the final decision

07 October 2012 / 12:10:02  GRReporter
4745 reads

 Greece is insisting that the final contract includes a clause for balanced measures, and it seems that the country will be able to achieve this. This means that in the event that during the implementation of the programme tax revenues higher than those expected appear, then the painful cuts will be taken out of the package of measures, and if there is a shortage, new measures with new cuts in wages, pensions and public services will be added.

 

Tags: package of measures Troika Stournaras Paul Thomsen Pierre Moscovici
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