Greek "fiscal gap" has narrowed to 1 bln eur, finmin says
ATHENS Nov 25 (Reuters) - Greece and its international lenders are narrowing their differences over the country's 2014 budget, Greece's Finance Minister Yannis Stournaras said on Monday.
Athens and its lenders are still at odds over whether debt-laden Greece will miss its fiscal targets for 2014. The lenders' representatives were estimating earlier this month that, on current fiscal policies, Athens would miss its 2014 budget targets by about 2 billion euros.
But Stournaras said on Monday that ongoing negotiations and new tax revenue data have reduced that shortfall to about 1 billion euros ($1.35 billion).
"We are looking for 1 billion euros," he said in an interview on private television station Mega. "They (the lenders) have come down from 3 (billion) and I went up from 500 (million)," he added.
- Mexican train derails, stranding 1,300 migrants headed toward U.S.
- Texas man charged with capital murder for shooting dead six |
- Palestinian death toll rises to 77 as Israel hits Gaza over rocket fire |
- Wall St. drops on Portugal bank worry; losses pared
- Berlin tells CIA station chief to leave in spy scandal