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No additional commitment in Finance Ministers letter to ESM, say govt sources

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"There is no additional commitment in Finance Ministrys letter to the ESM" said government sources noting that "Finance Minister Euclid Tsakalotos letter confirms the existing commitments.

 

The same sources said that if outperformance is recorded in the future it can be used, in accordance with the institutions with on targeted measures for the support of the social protection, the relief of the tax burdens and the creation of a cash buffer or for the payment of overdue debt, something that is clearly stated in the Finance Ministrys letter.

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