Tuesday September 30, 2014 Search
Weather | Athens
26o C
17o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Talks with troika resume amid fears of delay to loans

European Commission Director Matthias Morse (front) and European Central Bank's Mission Chief for Greece Klaus Masuch leave the Finance ministry in Athens on Monday.

Government officials on Monday resumed tough negotiations with troika envoys on a range of economic reforms that Athens must implement in order to secure further rescue loans, including a delayed overhaul of the civil service, with sources indicating that there was hope for some concessions although it appeared unlikely that talks would be completed in time for next Monday’s Eurogroup summit.

A Finance Ministry source indicated late Monday night that the foreign envoys might be open to allowing the emergency property tax for 2013 to be paid in five installments, and not four as they had demanded originally. The source said that Greek officials had laid out the government’s proposals and that the envoys had listened to them without supporting or rejecting them. The same source did not rule out the possibility of the troika disbursing the next tranche of rescue funding, which is worth 8.1 billion euros, in installments if Greece fails to make good on reform pledges and plug a funding gap for this year estimated at 1 billion euros, chiefly attributed to the debts of the country’s main healthcare provider, EOPYY.

It appeared unlikely that the talks would be completed in time for the next summit of eurozone finance ministers next Monday, with sources suggesting that some matters could be resolved this week while others would probably need to be thrashed out into next week.

A key issue expected to dominate negotiations in the coming days is a delayed overhaul of the civil service. Authorities are likely to refer to the closure of the state broadcaster, ERT, last month as a sign of the government’s determination to push through difficult and politically contentious measures. But new Administrative Reform Minister Kyriakos Mitsotakis is expected to seek an extension, until September, for the induction of 12,500 civil servants into a so-called mobility scheme where staff will receive 75 percent of their wages for a year before an assessment that could lead to another job in the public sector or dismissal. Mitsotakis was locked in a meeting with troika envoys until late Monday night.

The auditors are on Tuesday scheduled to meet with Health Minister Adonis Georgidis, another new cabinet member, for talks expected to focus on the EOPYY shortfall and the likely closure of state hospitals. The inspectors are also to meet with Labor Minister Yiannis Vroutsis, who has insisted that any further reduction to the minimum wage is not up for question.

Georgiadis met on Monday with European Commission task force chief Horst Reichenbach for talks that reportedly touched on ways of boosting Greece’s absorption of EU subsidies. One scheme in the works foresees the provision of free healthcare to 200,000 Greeks who lack insurance, sources said.

ekathimerini.com , Monday Jul 1, 2013 (20:10)  
Halandri Roma shacks to be demolished
Probe launched after man, 70, dies waiting to pay tax
Some 17,500 more deaths than births in Greece last year
Greek hospital doctors, nurses to strike on Thursday
Political clouds over Greece deter bond investors
Investors’ love affair with low-rated but high-yielding eurozone bonds is starting to wane, as political risks dent faith that the European Central Bank alone will be able to ensure the bloc...
Greek court rules OPAP´s monopoly is legal
A Greek court ruled on Tuesday that OPAP’s betting monopoly in the country is legal, court officials said, rejecting a longstanding challenge by rival firms and securing the company’s market...
Inside Business
SOCCER
All team sports suspended next weekend in memory of dead fan
The government announced on Monday the suspension of all team sports events in Greece scheduled for next weekend, October 4 and 5, in the memory of the Ethnikos Piraeus fan who died a few ho...
SOCCER
Karamanos punishes Michel for deeming him surplus
Atromitos forced Olympiakos’s first loss this season in all competitions on Saturday to allow PAOK to go alone on top of the Super League table on Sunday. Odds-on title favorite Olympiakos l...
Inside Sports
COMMENTARY
Next-day jitters
It is usual for Greek governments, whether one-party or coalitions (which are normally loath to actually work together), to claim that their only real challenge is dealing with the country’s...
EDITORIAL
No sweet debt deals
The lion’s share of Greece’s debt is held by European Union member states and the International Monetary Fund. A writedown of the European part of the debt would require the approval of the ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Halandri Roma shacks to be demolished
2. Political clouds over Greece deter bond investors
3. Probe launched after man, 70, dies waiting to pay tax
4. Greek court rules OPAP´s monopoly is legal
5. Greek statistics service delays retail sales data release
6. Alpha´s absorption on Citibank in Greece gets green light
more news
Today
This Week
1. Next-day jitters
2. Roma camp off Mesogeion Avenue set for demolition amid reactions
3. No sweet debt deals
4. Commissioner-designate Avramopoulos to face three-hour interview on EU's migration portfolio
5. Roma camp evacuation postponed; flow resumes on Mesogeion Avenue
6. Greek unemployment dips to 27 pct in June, but still highest in EU
Today
This Week
1. Alexander the Great's tomb not at Amphipolis, says Culture Minister
2. Greece may opt for unusual president to avoid snap polls, Venizelos says
3. Woman allegedly buried alive by accident in northern Greece
4. Salaries in Greece continue to slide, dipping 1.4 pct in Q2
5. Venizelos denies jihadis are being trained in Greece
6. Should you bet with Kissinger on where the world is heading?
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.