The economy program falls back a week
The economy program falls back a week
As Giorgos Petalotis said during the cabinet meeting under PM Giorgos Papandreou, the mid-term program of financial stability will be submitted by May 17 or 18; that is, a week later than scheduled....
UPD:
As Giorgos Petalotis said during the cabinet meeting under PM Giorgos
Papandreou, the mid-term program of financial stability will be
submitted by May 17 or 18; that is, a week later than scheduled.
“All the parliamentary procedures will be followed and it will be a matter of simple majority voting”, the government spokesman explained.
It is estimated that the new “memorandum” will be a state law after the first 10 days of June. The mid-term plan will specify the actions for the privatization program, with expected revenue of 50 billion euros by 2015, while it will include fiscal adjustment measures of over 26 billion euros.
According to information, there are strong disagreements among ministers as to who will contribute the most to this program with budget cuts in their ministries. The climate between other ministries and that of Finance is heavy, as the pressure for cuts is increasing.
“All the parliamentary procedures will be followed and it will be a matter of simple majority voting”, the government spokesman explained.
It is estimated that the new “memorandum” will be a state law after the first 10 days of June. The mid-term plan will specify the actions for the privatization program, with expected revenue of 50 billion euros by 2015, while it will include fiscal adjustment measures of over 26 billion euros.
According to information, there are strong disagreements among ministers as to who will contribute the most to this program with budget cuts in their ministries. The climate between other ministries and that of Finance is heavy, as the pressure for cuts is increasing.
UPD:
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