The Minister of Economy Giorgos Stathakis was optimistic that the bailout program review can be completed in March, while underlining that the first round of negotiations has concluded.
In an interview for Mega Channel, Mr. Stathakis explained that four main issues remain; the pension system reform, public finances until 2018, the new privatization fund and the management of non-performing loans.
According to the Economy Minister there is “room for debate and improvement» in relation to the pension reform. Mr. Stathakis underlined that all social groups must contribute equally to the pension system. Specifically, he argued that may categories of self-employed must play based on the income.
Regarding non-performing loans, the Minister stated that the government aim is to find a solution to a real problem, while noting that 60% of housing loans will be protected. The government’s desire us to provide a solution for all housing loans, preferably restructured within the banks to avoid being sold.
Finally, the Minister of Economy explained that the capital controls will be lifted when the bailout program review concludes and funds that were extracted from Greek banks begin to return.
