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Samaras said that any savings would come from structural changes and that the fiscal shortfall would be as small as €2.5 billion rather than the €4 billion forecast by the troika.
“Whatever gap emerges for 2014 and 2015 will be covered by structural changes that will have a positive impact on public finances, not through new [austerity] measures”, said Samaras, who had travelled to Brussels ahead of Greece assuming the rotating EU presidency in January but apparently with a mission to leave EU leaders in no doubt about the inability of his government to adopt more wage cuts and tax hikes.