Greece eyes boosting state revenues by 3b euros in 2015: govt official
[ATHENS] Greece's government has included measures to boost state revenues by 3 billion euros this year as part of a list of reforms it is sending European creditors in the hope of unlocking aid, a government official said on Friday.
The official said Athens's EU and IMF creditors, known as the Brussels group, will start discussing the list of Athens's proposed reforms on Saturday.
"The actions proposed through the reforms list foresee revenues of 3 billion euros for 2015 which will under no circumstances will come from wage or pension cuts," the official said.
"The list does not include recessionary measures."
The list estimates a primary budget surplus of 1.5 per cent for 2015 - below the 3 per cent target included in the country's existing EU/IMF bailout - and growth of 1.4 per cent, the official said.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’
US jobs growth slows in April; jobless rate up to 3.9%