Despite the predictions for an all night meeting, negotiations on Tuesday were stopped at 22:00, without any announcement by the Greek government.
In the first wide meeting with the institutions, Greek government was represented by Minister of Finance Euclid Tsakalotos, Minister of Economy Dimitris Papadimitriou, Labor Minister Efi Ahtsioglou, Εnergy and Environment minister Giorgos Stathakis and Deputy Finance Minister George Chouliarakis
The institutions made clear, from day one, that they insist for measures amounting to 2 % of GDP ( 3,5 bil Euros) for financial year 2019. That is to say 1% from the income tax threshold’s reduction and 1% from the pension cuts.
However Greek government commented that the demand for 2 % of GDP measures is just a starting point that can be reduced during the negotiations and that in any case “ whichever the div may be it will concern both positive and negative measures”
Negotiations continued on Wednesday having as main subject the measures and the antimeasures that are going to be legislated by the Greek government.
