Alexis Tsipras chairs meeting of gov’t economic team

8 November 2015
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Prime Minister Alexis Tsipras chaired a meeting of the government’s economic team at his offices in the Maximos Mansion, the government headquarters, ahead of intensive talks between Greek authorities and the institutions representing the country’s creditors ahead of Monday’s Eurogroup.

The meeting on Saturday sought to clear the way for the Eurogroup’s approval for the disbursement of a sub-tranche of 2.0 billion euros to Greece. The government is attempting to wrap up all open issues regarding the first group of prior actions and the Eurogroup Working Group that will make the recommendation to the Euro finance ministers is on standby to meet.

The thorny issues that remain outstanding in the first group of prior actions include the issue of non-performing or ‘red’ loans and protection of primary residences from foreclosure auctions for borrowers that sought protection under the ‘Katseli’ laws, as well as the prices of generic medication and the equivalent measures to replace 23 pct VAT on private education and the 100-installment debt settlement measures.

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