Government: We are finished with the prior actions

The spokesperson for the coalition government Olga Gerovasili announced that the final details in the bailout review have been addressed, paving the way for the disbursement of 7.5 billion euros.

According to Mrs. Gerovasili, a memorandum of understanding (MoU) regarding the Elliniko development will be signed within the day, with the final agreement to be signed on the 16th of November. Mrs. Gerovasili explained that certain improvements, in the public interest, will be incorporated into the agreement.

Asked about the 5% of OTE shares, which are to be transferred to TAIPED, the government spokesperson commented that final details will be addressed in time for the disbursement of the tranche, given that Deutsche Telekom has to carry out a certain moves. She underlined though that the Greek government has done everything required.

Furthermore, Mrs. Gerovasili stated that the government will submit its proposal for a constitutional review on the 24th of July and confirmed that the electoral law will also be debated.

In relation to the rumored abolition of Christmas, Easter and summer holiday bonuses (“the 13th and 14th wages”), the government spokesperson dismissed media reports and repeated that there are no such demands posed from Greece’s creditors. She did, however, note that collective dismissals and lock outs are on the table though.