Monday Jul 28, 2014 Search
Weather | Athens
31o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
PM, Venizelos to meet as differences with troika persist

Discussions between Greece and the troika appear to have reached an impasse over banks capital needs and certain structural reforms, prompting a new meeting between Prime Minister Antonis Samaras and Deputy Premier Evangelos Venizelos to be scheduled for Wednesday.

The two men are due to hold talks at 3 p.m. after a day of negotiations yesterday between the troika and Greek ministers. The failure to reach an agreement on a range of issues led to Finance Minister Yannis Stournaras holding talks with Samaras yesterday afternoon.

One of the key sticking points is the disagreement between Greeces lenders and the government over the amount needed to recapitalize Greek banks. The International Monetary Fund continues to believe that the 6 billion euros identified by the Bank of Greece is not enough. The troika is pushing for a figure close to 9 billion. Greeces central bank is due to publish the findings of BlackRocks stress tests by the end of the week in a bid to settle the dispute.

However, there continue to be differences over the implementation of some of the competition-enhancing measures the Organization for Economic Cooperation and Development (OECD) has recommended in its Tool Kit. The government remains reluctant to allow the sale of over-the-counter medicines at supermarkets and other stores, not just pharmacies. It is also resisting the troikas insistence that rules on milks shelf-life should be changed.

It is not possible that milk is expensive in Greece as a result of the 35 percent that is produced locally and not the 65 percent that is imported, a top government official told Kathimerini on the condition of anonymity.

Another pending issue is the transfer of 4,000 more civil servants into a public sector mobility scheme so Greece can meet its target of shifting 25,000 employees in total. Administrative Reform Minister Kyriakos Mitsotakis has asked for these positions to be taken by 4,000 municipal employees, which has apparently riled Interior Minister Yiannis Michelakis. Samaras and Venizelos also need to provide a decision on this matter.

ekathimerini.com , Tuesday March 4, 2014 (21:08)  
Samaras to meet Cypriot President Anastasiades in Athens
Maziotis moved to Diavata Prison in Thessaloniki
Defense Minister Avramopoulos to represent Greece at European Commission
French tourist dies after falling off balcony in Crete
ANALYSIS
Euro inflation seen testing ECB patience as stimulus takes time
When the European Central Bank unleashed a stimulus barrage in June, it cautioned that the economy would take some time to respond. Data due this week may test its patience. The inflation ra...
ANALYSIS
Next six to eight months will be crucial
Greece may have obtained partial market access and the economy may have stopped contracting in the second or current quarter, but living standards for a sizeable portion of the population co...
Inside Business
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
COMMENTARY
Weighing all the factors
Certain people in the know continue to believe that snap elections will take place in the fall. Prime Minister Antonis Samaras is obviously aware of this trend, which is why he told Parliame...
EDITORIAL
Clear rules, for everyone
If we want to deal with the economic crisis, we need clear rules. A large number of individuals and businesses have amassed huge debts they cannot service. And some worrying symptoms have al...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Samaras to meet Cypriot President Anastasiades in Athens
2. Maziotis moved to Diavata Prison in Thessaloniki
3. Euro inflation seen testing ECB patience as stimulus takes time
4. Defense Minister Avramopoulos to represent Greece at European Commission
5. Volleyball national team second in European League
6. Next six to eight months will be crucial
more news
Today
This Week
1. Defense Minister Avramopoulos to represent Greece at European Commission
2. Euro inflation seen testing ECB patience as stimulus takes time
3. Maziotis moved to Diavata Prison in Thessaloniki
4. Samaras to meet Cypriot President Anastasiades in Athens
5. French tourist dies after falling off balcony in Crete
6. Weighing all the factors
Today
This Week
1. Climber dies in Mount Olympus fall
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Unequal after death
4. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
5. Quadriplegic woman on life support 'dies due to unpaid power bills'
6. Front-line threats
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.