Still not clear what the measures of 5.4 bln euros will include

According to well informed sources, measures amounting to 1.8 billion have not yet been set in the 5.4 billion euros package of measures corresponding to 3% of GDP that Greek government has agreed to take.

There is no doubt that the negotiation talks are driven by Europe’s desire to “get over with the Greek issue”, since refugee continues to put great political pressure on European governments, while EU is called to handle also the possibility of a Brexit, since on June 23 Great Britain will decide whether they want to stay in EU.

The Greek government wants to achieve an agreement on tax and social security issue so as to ensure the disbursement of the next tranche, but lenders do not even discuss such possibility.

However, there are still many issues open concerning mainly social security and tax reforms, management of non-performance loans and privatizations, as well as other issues related to more general reforms. The Greek government wants to complete the negotiation talks, which will start on Monday, ideally by April 15, when IMF’s Spring Meeting will take place in Washington attended also by Greek government’s economic team, or by Eurogroup meeting which will take place on April 22.