Grécia Fumo Branco Será?
Enviado: 8/2/2012 21:17Bloomberg obtained a copy of the draft agreement Greece has negotiated with the International Monetary Fund, European Union, and European Central Bank.
As far as we can tell, this so-called troika won all their battles.
Here are a few of the major points from the draft (via BBG terminal headlines):
• Greece's 2012 GDP will shrink by as much as 5%
• Greece is expected to return to growth in 2013
• Greece will cut 15,000 in state jobs in 2012
• Minimum wage will be cut by 20 percent
• There will be no increase to sales tax
• The government will cut medicine spending will fall from 1.9% to 1.5% and merge all auxiliary pension funds