Athens edges towards compromise on pension cuts but may have to plug fiscal gap
Athens to send draft budget to Brussels after talks with IMF on pensions
Eurogroup suggests there is scope for pension cuts to be called off
Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
Athens prepares 2019 draft budget amid pension cuts dilemma
Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
The supplemental Memorandum of Understanding (sMoU) that was the product of the Staff Level Agreement (SLA) between the Greek authorities and the institutions outlines the understanding and obligations on the fiscal sustainability front, which range from improving public financial management to strengthening the institutions and processes that will deliver on the fiscal commitments.
The document reaffirms Greece’s commitment to pursue the fiscal path agreed at the start of this programme in the summer of 2015, which is based on primary surplus targets of 1.75 percent in 2017 and 3.5 percent of GDP in 2018. The primary surplus targe...
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