An agreement has been reached between the Greek government and its creditors over the prior actions are required for the disbursement of the next one-billion-euro tranche and to initiative the first program review. They Euro Working Group approved a new list of actions that need to be passed by the Greek Parliament by the 8th of December,
In the meantime, creditor representatives will arrive in Athens after the Eurogroup on the 7th of December in order to overlook the implementation of the prior actions. According to a report in the Kathimerini newspaper, the prior actions include:
- Finalizing plans for an independent Secretariat of Public Revenue
- Measures to tackle illicit fuel trade and triangular VAT transactions
- Issue ministerial decrees for the implementation of a ‘claw back’ in hospitals and the downwards revision of prices in private diagnostic centers
- Establish a committee that will review and approve the appointment of board members and presidents in the banks
- Issue the necessary secondary legislation on bankruptcy law of households
- Address the ‘red’ loans
- Adopt 10 additional OECD recommendations related to the drink and fuel markets
- Reform the interministerial committee for the regulated professions
- Take measures to expedite community-funded projects in order to be completed within certain timeframes
- Introduce legislation on spatial planning and forests
- Privatize the independent power transmission operator ADMIE
- Appoint an independent Task Force to make preparations and proposals for the structure and management of the new privatization fund and complete privatizations planned for the final quarter of 2015
- Introduce legislation for a new, uniform pay scale in the public sector
