Tagged: prior actions

Prior actions amendment bill tabled in Parliament on Wednesday

The Alternate Minister of Justice Dimitris Papangelopoulos defended the controversial off-shores amendment, explaining that the reform was recommended by GRECO and accused the opposition of maintaining a hypocritical stance. The explanations however did not convince the main opposition party, which left the debate. Mr. Papangelopoulos stated that he is aware of many outside the government […]

Fierce clash in Parliament over prior actions bill ahead of vote

The coalition government and opposition parties clashed in Parliament on Monday over the latest bill of prior actions, which will be put to the test on Tuesday with a vote. Passing the legislative bill will essentially unlock a 1 billion euro tranche from Europe. Tensions peaked during the debate in Parliament when the Ministers of […]

ESM convenes to discuss payment of €2bn tranche to Greece

The head of the Eurogroup Jeroen Dijsselbloem reported that the Euro Working Group has agreed that Greece has implemented the first package of prior actions, thus paving the way for the 2-billion-euro tranche to be paid out by the European Stability Mechanism. The European Stability Mechanism has also announced that it will convene on Monday […]

Greece, institutions discussing second list of prior actions

Three thorny issues included in negotiations between Greek authorities and the country’s creditors -raising tax rates for farmers, introducing new tax scales on rent income and integrating an extra contribution tax on income tax scale are said to be postponed at a later stage, probably next year. Finance ministry sources said that these three issues […]