Gov’t expects deal at staff level next week

27 April 2017
760 Views

With Athens pushing for a speedy conclusion to the second review of the country’s third bailout, government aides said on Wednesday they were confident that a staff-level agreement with bailout creditors is likely by next Wednesday at the latest.

Once this is achieved, the government plans to pass the measures it has agreed to in Parliament in May before the May 22 Eurogroup.

The leftist-led government was no doubt also boosted by remarks made by the European Union’s head office, which said Wednesday that Greece is delivering on its fiscal targets and that an agreement to hand more bailout cash to Athens could come next month.

For his part, European Commission Vice President Valdis Dombrovskis expressed hope that a deal between Greece and its creditors will come soon and allow for the release of bailout cash next month – which would essentially allay concerns of a Greek bankruptcy this summer.

“One could expect also decisions on disbursement, potentially during the May Eurogroup,” he said.

Meanwhile, European Commission President Jean-Claude Juncker expressed concerns over the plans for further pension cuts, and stressed the need to outline possible measures on debt relief next month.

“No major cuts in the pension sector should be pursued by the institutions,” Juncker told the euro2day.gr website.

You may be interested

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices
GREECE
shares26 views
GREECE
shares26 views

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices

Panos - May 07, 2021

The first upgraded Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy today, Thursday 6 May. The work on…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
shares39 views
FINANCE
shares39 views

Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the…

Greek Taxisnet services not available for citizens over weekend
FINANCE
shares33 views
FINANCE
shares33 views

Greek Taxisnet services not available for citizens over weekend

Panos - May 07, 2021

Online services on the Taxisnet platform system will not be available to taxpayers over the weekend due to scheduled upgrading.…

Leave a Comment

Your email address will not be published.