Discussion on Greek programme to be short at Thursday’s Eurogroup

14 January 2016
4401 Views

The discussion on the Greek programme is expected not to be long and no decision will be taken at Thursday’s Eurogroup.

Following Finance Minister Euclid Tsakalotos’ contacts with his EU counterparts, the Eurogroup will discuss briefly Greece’s proposal on the social security reforms.

According to a senior EU official, it is too early to express a comprehensive view, however, to the extent that the proposal provides for the merger of social security funds, it constitutes a “big step forward”.

Moreover, the 19 eurozone Finance Ministers will refer to the first programme review which is expected to start at the beginning of next week with the arrival of the institutions’ representatives in Athens. Other issues such as the restructuring of the public administration, the privatisations fund, the 2016 fiscal targets and the rationalisation of the energy market will also be discussed in this framework.

The head of the IMF European Department Poul Thomsen will also be present at the Eurogroup. Therefore a discussion is expected to be made on the participation of the IMF in the Greek programme. According to a eurozone official, the IMF will be able to decide upon further disbursements after the first review is concluded and an agreement at staff level among all institutions is reached.

Then an analysis on the sustainability of the debt that will pave the way for its settlement would be possible.

You may be interested

Lotto results: 18/08/2018
GREECE
shares16 views
GREECE
shares16 views

Lotto results: 18/08/2018

Panos - Aug 18, 2018

The winning numbers from the Lotto draw are as follows:

Rubikon storms the Embassy of Austria!
GREECE
shares39 views
GREECE
shares39 views

Rubikon storms the Embassy of Austria!

makis - Aug 17, 2018

An invasion of the Embassy of Austria took place at noon on Friday by the anarchist group Rubicon. In a…

Germany: We have agreed with Athens on the return of immigrants to Greece
WORLD
shares42 views
WORLD
shares42 views

Germany: We have agreed with Athens on the return of immigrants to Greece

makis - Aug 17, 2018

On Friday afternoon the spokesman of the German Ministry of the Interior announced an agreement with the Greek government regarding…

Leave a Comment

Your email address will not be published.