Joint position over state budget for 2019

Posted on November 12, 2018, 12:36 pm
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BRUSSELS (ANA/Ch. Vasilaki) – The European Commission is nearing an agreement with the Greek government to approve Greece’s draft budget for 2019, European sources said on Monday.

The draft budget review is a process all eurozone countries have to submit to. In Greece’s case, negotiations are focused on the government’s alternatives to cutting back pensions, a measure that otherwise kicks in on January 1. According to the sources, negotiations also include other positive measures the government wants to implement and the fiscal ability it has to do so.

Both sides hope to present a joint position before Thursday’s EuroWorking Group, which will prepare the November 19 Eurogroup.

The Commission is expected to present its formal opinion on all draft budgets for EU member-states on November 21.

The Athens-Macedonian News Agency (AMNA) (Greek: Αθηναϊκό-Μακεδονικό Πρακτορείο Ειδήσεων, AΜΠΕ) is a Greece-based news service. It is a public entity anonymous company. It was founded in 2008 as the Athens News Agency - Macedonian Press Agency S.A. (ANA-MPA SA), under a presidential decree which merged the Athens News Agency (ANA SA) and the Macedonian Press Agency (MPA SA).