The Minister of Finances Yannis Stournaras is scheduled on Sunday to meet with the troika representatives Tomsen, Mors and Masuch, in order to begin a new round of critical negotiations.

On Friday the Minister will meet executive officers from Moody’s to update them on the state of the economy. The Ministry of Finances hopes to improve Moody’s ratings on the prospects of the Greek economy, in light of the upcoming troika review.

Meanwhile, Mr. Stournaras will meet the European Commission’s Deputy Director-General for State Aid Gert Jan Koopman, who co-signed an infamous email with which Matthias Mors demanded the immediate closure of defense industries EAS, ELVO and LARKO.

On Thursday Mr. Stournaras met with the Minister of Labor Yannis Vroutsis and decided that there would be three stages in negotiating with the troika, since the progress of four prior actions is to be examined before October’s loan installment of 1 billion euros is paid out.

Furthermore, the rate of recession for the year has not yet been determined, nor has the primary surplus been secured. The Minister of Finances is optimistic that there will be a surplus, even if it is marginal.

The troika representatives will return to Greece on the 15th of October to discuss the mid-term plan, fiscal gap and updating the agreement. The third and most crucial phase of negotiations will take place in November and December and will address the funding gap and viability of the public debt.