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Yannis Dragasakis: Course of Public Finances in 2016 Will be Better than Expected

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Government Vice President Yiannis Dragasakis estimated that the course of the public finances in 2016 will be better than expected, at an interview to “Kokkino 105.5” radio on Tuesday.
Asked on the course of the negotiations with the institutions and the possibility of an additional package of measures, Dragasakis said that it is questionable whether it will be requested and that this will be proved by the primary surplus figures that Eurostat will release on Thursday.
He noted that additional measures are foreseen in the agreement if the planned targets are not met.
Dragasakis clarified that the government aims for the review of the Greek program to be completed as soon as possible with the existing package of measures and afterwards the discussion on the debt to open in order after its conclusion to examine if any additional measures are necessary.
Moreover, he noted IMF‘s wrong estimations in the past regarding the course of the Greek economy as well as the differences between the institutions.
He referred to Germany’s wish IMF to remain in the Greek program as well as its opposition over the opening of a discussion on the Greek debt. “A problem in their relations can’t become our problem” he said.
Finally, Dragasakis ruled out the possibility of early elections.
Source: ANA MPA

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