According to sources with good knowledge of the ongoing negotiations between the Greek government and its creditors, there is a good chance of an agreement being reached on Monday evening. To Vima has been told that all issues, aside from ‘red loans’ have been addressed.
The Euro Working Group will convene on Tuesday and is expected to approve the agreement, while approving the immediate payment of the 2-billion-euro tranche and 10 billion euros earmarked for the bank recapitalization, as soon as the second omnibus bills of prior actions goes through Greek Parliament on Thursday.
Based on the information that To Vima has, about 25% of debtors will be fully protected from primary residence auctions, while partial protection will be provided to about 30-35%. Greece’s creditors are currently pressuring for additional criteria to be introduced in order to separate strategic bad payers from those who are truly in need.
The Alternate Minister of Finances Tryfon Alexiadis is currently in talks with the technical teams of the institutions in order to finalize the alternative measures that will replace the VAT in private education. Further negotiations on auctions, red loans and their sale to funds are scheduled to begin at 4pm.
