First batch of Greek reforms must be implemented by Oct 15

28 October 2015
62 Views

U217655The first list of reforms agreed between the Greek authorities and the representatives of the lenders will have to be implemented by October 15, in order for the first 2-billion-euro subtranche of the country’s loan to be disbursed, Eurogroup head Jeroen Dijsselbloem said on Monday after the end of the finance minister’s meeting in Luxembourg.

The Dutch official expressed the satisfaction of all Eurozone finance ministers for the commitment shown by the Greek authorities to implement the program, but added that a lot of work needs to be done to regain trust inside and outside Greece.

Continuing on the second batch of prior actions, Dijsselbloem said it must be agreed upon later in October. “We asked the institutions and the Greek authorities to work as hard as possible to be able to conclude the first review as soon as possible,” he said, noting that there should also be proposed reforms on the pension system, public administration and the financial system.

Concerning the recapitalization of Greece’s lenders, Dijsselbloem said that the first review will have to be completed successfully before it is discussed, noting that it should be done in November or December.

Στιγμιότυπο 2015-10-28, 11.43.39 π.μ.

You may be interested

Syros: Greek tradition & western influence come to a harmonious marriage
GREECE
shares82 views
GREECE
shares82 views

Syros: Greek tradition & western influence come to a harmonious marriage

Panos - Oct 20, 2017

Ermoúpoli (meaning “the city of Hermes”) is the island’s capital town and has been the first important trade and industrial…

Environment may have partially led to the fall of Queen Cleopatra, research suggests
WORLD
shares91 views
WORLD
shares91 views

Environment may have partially led to the fall of Queen Cleopatra, research suggests

Panos - Oct 20, 2017

Environmental records and historic documents suggest a volcanic eruption could have aided the Romans in victory According to a report…

Greek astronomer in Germany discovers spindle-like galaxies
GREECE
shares77 views
GREECE
shares77 views

Greek astronomer in Germany discovers spindle-like galaxies

Panos - Oct 20, 2017

Athanasia Tatsi is another Greek scientist at the forefront of global scientific research this time in the field of Astronomy.…

Leave a Comment

Your email address will not be published.