The government considers that, as in the past estimates have been proven true, there will be not fiscal gap and this is the most serious disagreement with the troika, Finance Ministry sources said on Tuesday referring to comments made to radio stations that the government has proposed additional fiscal measures to the troika in order to cover a possible gap in the State Budget.

SETE, the Association of Greek Tourism Enterprises has decried the troika demand for increases in VAT across the tourism sector, saying that the planned hikes would be ‘catastrophic’ as they will lead to 2.5 million fewer tourists in 2015, a 3.8 billion euro contraction of GDP and thousands of job losses.

FIFA and UEFA have sent a joint letter to the Greek Football Federation warning that if the government moves ahead with proposed sports legislation it will be constitute an unacceptable level of state interference in football.