Displaying items by tag: troika

The troika is taking a hard line in talks with the Greek government over the fiscal gap, estimated at around 1 billion euros, as Athens is remonstrating about the risk of political instability.

Today's meeting the leadership of the finance ministry and the representatives of the troika of lenders reached a dead end with the latter assessing that the gap from the present property tax bill will be much greater than the 250 million euros estimated by the Greek side.

Continuing talks with troika officials augur a crucial week for the government.