Arab Today, arab today greek finance minister rejects ecb official\s allegation of \significant fiscal gap\
Last Updated : GMT 22:45:31
Arab Today, arab today
Arab Today, arab today

Greek finance minister rejects ECB official\'s allegation of \'significant fiscal gap\'

Arab Today, arab today

Arab Today, arab today Greek finance minister rejects ECB official\'s allegation of \'significant fiscal gap\'

Luxembourg - XINHUA

Greek Finance Minister Yannis Stournaras late Monday rejected an allegation made by a senior official of the European Central Bank (ECB) that Greece is facing a \"significant fiscal gap.\" \"There is no significant fiscal gap,\" Stournaras told reporters after a meeting of euro area finance ministers, while admitting that, \"We do have fiscal challenges, always.\" Greece is \"on course to post a budget surplus excluding interest payments,\" he added. The remarks were made in response to ECB Executive Board member Joerg Asmussen, who urged Greece earlier Monday in Luxembourg to take measures to plug a hole in its 2014 budget plan. A financing gap of five billion euros (about 6.8 billion U.S. dollars) to 6 billion euros has opened in the second half of 2014 under Greece\'s international rescue program, said the ECB official. \"It\'s first and foremost important that they close their significant fiscal gap that is there for the next year,\" he added. The Greek finance minister put the financing gap in the second half of next year at \"around 5 billion euros,\" and said that the eurozone finance ministers had an \"initial discussion\" about it at their meeting. Stournaras said all options are being considered to plug the hole and he expected a decision in late December. While Asmussen said \"there is absolutely no way that it can be done in a way of roll-over bond,\" Stournaras said, \"All the ideas came on the table. Nothing is off the table.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek finance minister rejects ecb official\s allegation of \significant fiscal gap\ Arab Today, arab today greek finance minister rejects ecb official\s allegation of \significant fiscal gap\

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek finance minister rejects ecb official\s allegation of \significant fiscal gap\ Arab Today, arab today greek finance minister rejects ecb official\s allegation of \significant fiscal gap\

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday