The Prime Minister Antonis Samaras and the government Vice President Evangelos Venizelos will meet on Wednesday afternoon in order to plan their ...
The Hellenic Financial Support Fund will be visited today by the troika’s technical teams, in order to discuss issues related to the operation of the Fund and ...
The troika representatives are visiting a number of Ministers today in order to come to an agreement, in time for the Eurogroup session on Monday, when a ...
The Governor of the Bank of Greece Giorgos Provopoulos is expected to meet with the heads of the troika either on Tuesday afternoon or early on Wednesday ...
A cabinet minister speaking under condition of anonymity revealed that the current round of negotiations with the troika is “tough and we still have a long...
The IMF has expressed its concerns over the possibility of deficits in the Greek state budget, which in part it attributes the coalition government’s lack of political will to...
The ECB, EU and IMF representatives are scheduled to visit the Ministry of Finances at 10am on Friday, where Minister Yannis Stournaras will be joined by the Minister...
The Financial Stability Fund (FSF) will be unable to go “one step further” if the capital needs of Eurobank, National Bank, Piraeos Bank and Alpha Bank are...
The visiting troika representatives met with the management of privatization fund TAIPED on Wednesday and discussed public land and how it would be possible to...
The Minister of Administrative Reform Kyriakos Mitsotakis is going to meet with the heads of the troika by tomorrow in order to discuss the current suspension and dismissal plans. So far, the Ministry has carried out 4,000 dismissals in 2013, after agreeing upon an extension with the troika in November. This includes the 2,500 ERT […]
The Prime Minister Antonis Samaras is banking on support from other European leaders in the upcoming elections for the European Parliament, in order to counter pressure from the troika, which has cast doubt over Greece’s achievements. While the coalition government and the troika disagree on a number of critical subjects, such as the primary surplus […]
The much-touted return of the troika in Athens has not turned out to be as the Greek side expected, as the IMF, ECB and EU representatives have apparently increased their demands for more austerity. According to Finance Ministry officers participating in the negotiations the troika, they “suddenly raised the issue of the 2014 budget gap, […]
While the Prime Minister insists upon praising the efforts that resulted in achieving a primary surplus beyond all expectations and predictions, the troika is not convinced, as evident by its Monday visit to the Ministry of Finances. The total sum of the primary surplus will then determine two other essential matters; first whether new measures […]
The Minister of Labor Yannis Vroutsis is meeting with the troika representatives this morning in order to discuss mass dismissals, a 3.9% reduction of employer contributions and the abolition of third-party taxes. The Greek side is concerned that the proposed 3.9% reduction of employer contributions will create a 700 million euro deficit in the insurance […]
Police officials speaking to To Vima have revealed that there have concerns of an immanent militant attack taking place during the...
The Ministry of Finances is currently working on its draft bill regarding the collection of receipts in its efforts to tackle tax evasion. According to the plans, for which the Ministry is awaiting troika approval, the face value of receipts from super markets and fuel stations will be “halved”. Furthermore, the Ministry’s draft bill contains […]
The “Initiative of 58” has publicized the collective opinion of its members on Greece’s European perspective, in light of the upcoming elections for the European Parliament. According to the “58” the Greek people took a “decision of patriotic realism and historical self-awareness” by opting to support the Euro, despite the crisis and for that the […]
The President of SYRIZA Alexis Tsipras hosted a workshop in Athens with the participation of the European Left party, where he announced that when elected, his party will not accept any of the current government’s election campaign agreements with the troika. Mr. Tsipras welcomed the participants to “election campaign Greece” and stressed that the New […]
Despite the optimism exuded by the coalition government over the development of the bailout program, the troika is beginning to worry about the rate of implementation of reforms. The troika teams in Athens report a 50% to 60% rate of government compliance to the agreed upon reform program, compared to an 80% rate that was […]
The Minister of Finances Yannis Stournaras is scheduled to meet with the troika heads on Monday and must address a number of unresolved issues before negotiations can actually begin, with a 10.1 billion euro loan installment being at stake. Based on the outcome of last Monday’s Eurogroup, the troika is going to put the pressure […]