While preparing for the initial elections by Tsipras?
Possible activation of public spending cutter, which means reducing wages and pensions or implementing new taxes in May 2019, as has been provided for voting, therefore the deal and willingness for political and economic development in Greece All parties of international companies are, they believe that they are sure to hold early elections in 2018.
Maximus is centered in the present year - not to assume the success story of Mr. Sipers and Sirija-ANEL's government, however, the budgetary difference of 2018 and the activation of the famous "cutter" to shake the activism of the government in September 2019 Plans
At the time of the third assessment and the "unconscious" closing, as the government has claimed and is actually confirmed by the institutions, does not solve the problem, difficult decisions will come later.
The good atmosphere between the institutions and the government is real and due to the fact that in 2018, the institutions do not advance additional measures to cover the budget gap in 2018, if there is a "cutter"
Whatever Prime Minister and Ministers have said for four years of exhaustion, it is certain that the elections will be held in 2018 and the Government will be politically inclined to the story of the alleged success story.
For its part, the IMF has estimated a 1.3% difference (3.5% less than the 2.2% forecast). It has also been said in the fund that it accepts 2.2%, but has made it clear that if the European people insist on 3.5% of 2018, 1.3% of the remaining gross domestic product, about 2 billion, by taking additional measures Or should take more liberal loans. Interval filling measures
For their part, the Commission and the ECB do not discuss measures of more liberal debt, and as far as the 2018 difference is concerned, they are no longer pressurizing for an agreement on new measures, knowing that "cutters" are
The Government is aware that by January 1, 2019, the burden of a new reduction in pension can not be done at the same time, which has already been passed, will be "cutter" with additional deduction in pension and wages if it will be active . If the budget of 2018 budget is large, then instead of 2019, the possibility of applying the tax deduction should be added in 2020.
The provision, which has been adopted, should be taken to resolve the fiscal gap of 2018 and to be presented to the Greek Parliament and the Commission by May 2019, otherwise there will be an automatic reduction in public expenditure, wages and pension 1.1. 2019
This is the visual development, for which the Prime Minister, the Ministers and the Syrian people have said about the exhaustion of the four-year period and the elections in September 2019, it is certain that the elections will be in 2018 - spring or autumn - On one hand, the government has politically raised the story of the alleged success story and on the other hand the next government has to politicize the "hot potato" to activate "cutter".
What does the provision in question provide?
With the Ministry of Finance reform, "Immediate provision to implement the agreement on budget targets and structural reforms and other provisions", it states that if the deviation from the target is more than 0.25% of GDP (greater than 0, 25) "Cutter" will be activated 0.75% to 1.25% 1%, etc. 0.5% to 0.75% deviation will be taken.) President Decree, who defines the Finance Minister's recommendation and the cost to be deducted.
The good atmosphere between the institutions and the government is real and due to the fact that in 2018, the institutions do not advance additional measures to cover the budget gap in 2018, if there is a "cutter"
The Finance Minister should prepare a report to be published in the official gazette by 31st May and send it to the Commission and the Greek Parliament, determine the costs. Otherwise, automatic deduction will be done on June 1 of the same year.
Automatic cut-off mechanism is not included:
(A) Expenses incurred by private claims arising from the performance of public contracts, are already generated from the lease of entry into warranty and unspecified claims against the state.
(B) The cost of water, electricity and natural gas.
(C) Maintenance and repair cost of land, waterborne and transport transport equipment.
(D) Total Expenditure of General Secretariat for Public Revenue
(E) Total Health Expenditure
(F) Expenditure on multidimensional, heating, unemployment and welfare allowances paid through Central Independent Resources (CAP).
(G) Households and hilly and low-income areas, low-income families and children participating in compulsory education or for children living away from their residence
H) Expenditure on minimum guaranteed income
i) Expenditure on Home Support Program
(J) expenditure related to public investment program
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