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Greece says it does not foresee fiscal gap this year or next

Finance Minister Yannis Stournaras denied on Wednesday that Greece will record a fiscal gap this year and next year, said the EU / International Monetary Fund (IMF) bailout on track to meet its international lenders agreed targets.
See Reuters on Tuesday the draft report by the European Commission that the Greek deficit as high as possible gross domestic product (GDP) of 0.5% for this year and next year, if it fails to achieve revenue administration reform, although it added that the remedial measures has been determined.
"There is no 2013 or 2014 fiscal gap," Stournaras told Reuters reporters.
"Final Report (by the EU / International Monetary Fund (IMF) inspectors euro) does not say, there is a 2013 and 2014 fiscal gap, and if that is the case, it has not paid assistance."
He said that the Troika inspectors concluded that the Greek rescue plan "on track."
This week, from the European Union, the European Central Bank and the International Monetary Fund (IMF) "troika" of inspectors to complete their review of Greece's latest bailout, allowing the euro zone finance ministers approved 6.8 billions of euros in aid.
The draft report, in July 2013, said that Greece 2013-14 fiscal outlook remains subject to high uncertainty, and that tax collection concentrated in the second half.
, "It said:" If the collected performance to provide customers with targeted improvements need to seek alternative measures would mean to close the fiscal gap appears.
However, the report said, authorities have identified measures to address this problem and to achieve the agreed objectives: basic budget balance - before debt servicing costs - in the 2013 primary surplus to GDP of 1.5% next year.
 



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