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Greece's 2014 fiscal gap issue largely resolved in lender talks-sources
February 4, 2014 / 3:05 PM / in 4 years

Greece's 2014 fiscal gap issue largely resolved in lender talks-sources

ATHENS/BRUSSELS, Feb 4 (Reuters) - Greece and its foreign lenders have largely bridged differences over a potential fiscal gap this year, removing a key sticking point holding up talks to release more bailout funds, two sources directly involved in the talks said on Tuesday.

The latest review of Greece’s progress under its EU/IMF bailout has dragged on since September in large part due to wrangling over how Athens would plug a gap in this year’s budget, which had been estimated at 1 billion euros.

However, that is no longer the main issue in talks thanks to surprisingly strong data on a primary surplus for 2013, two sources on both sides of the negotiations said.

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