Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

EconomyProgramme

The Greek Finance Ministry has announced that the government’s new negotiating decided at its first meeting on Monday to draft a multi-bill coding the measures included in the reform list sent by Finance Minister Yanis Varoufakis in late March.

Note, though, that the proposed measures still fall short in terms of revenues and savings required by institutions. According to Kathimerini, Greece’s lenders see a fiscal gap of around 3 billion euros for a primary surplus of 1.5 to 2 percent of GDP t...

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