Progrees continues in negotiations on second review; new meeting at 14:00 on Thursday

The progress in the negotiations continued” said a government official after the end of the meeting with the institutions which was concluded early Thursday.

A new meeting with the institutions is scheduled for Thursday at 14:00.

According to the same official “there were discussions on the offset measures and there is an agreement on almost the whole package of positive measures.
On labour issues there are still problems with the IMF while the issue of the tax free limit has not been touched yet.
The extrajudicial compromise on the non-performing business loans has been completed and the VAT will be ‘cut’ in extreme occasions but the insurance contributions will be not affected.

A Euro Working Group teleconference will be held at 21:00 (Athens time) on Thursday.