Thursday November 27, 2014 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Search for new Greek finance minister continues

The coalition’s search for a finance minister to replace Yannis Stournaras continued but it appears that the drawn-out cabinet reshuffle has put paid to Greece’s chances of receiving the next 1-billion-euro installment of its bailout package from the eurozone later this month.

Sources told Kathimerini it has been decided that Stournaras’s successor will be someone from within New Democracy. Prime Minister Antonis Samaras and his advisers are looking for someone who is respected within the conservative party but who will also have the ear of European officials.

The appointment of a New Democracy politician to the Finance Ministry post will mean that PASOK will be allowed to place one or two more of its officials in the new cabinet.

The prolonged speculation over the new ministerial lineup, especially who will take Stournaras’s post, means that the government is unlikely to be in a position to complete the “prior actions” it had agreed with the troika in time for the June 13 Euro Working Group meeting, when eurozone officials were due to approve the next loan disbursement.

This task was also made more difficult by the government’s sudden decision on Wednesday to end Parliament’s full plenary sessions for the summer recess. The summer sessions, when 100 MPs will sit in three phases so all 300 lawmakers take part during the next months, are due to begin on June 17. The legislation agreed with the troika cannot be passed before then.

ekathimerini.com , Wednesday June 4, 2014 (20:46)  
EU´s Juncker survives no-confidence vote over tax deals
Police arrest will forgery gang that netted property worth 1.3 mln euros
Greece says EU/IMF bailout exit could be delayed for ´technical´ reasons
Ship with 700 migrants safely towed to Greek coast
Lower provisions and energy costs boost Greece´s PPC Q3 profit
Greece's dominant power utility PPC on Thursday reported a 29.7 percent rise in third-quarter core profit, helped by lower provisions for past due electricity bills and softer energy costs. ...
Eurozone loans to private sector still contracting: ECB
Loans to the private sector in the euro area, a gauge of economic health, fell year-on-year in October, but by slightly less than in September, the European Central Bank said on Thursday. Th...
Inside Business
SOCCER
Atletico drubs Olympiakos 4-0, leaving Reds with slim chances of CL qualification
Atletico Madrid avenged its 3-2 defeat in Piraeus in September with a 4-0 win over Olympiakos on Wednesday, meaning the Greek champion only has mathematical hopes left for a spot in the next...
SOCCER
Atletico eyes last 16 berth against Olympiakos
Greek champion Olympiakos faces a tough task if it is to prevent last season's beaten finalist Atletico Madrid sealing its passage into the last 16 of the Champions League at the Vicente Cal...
Inside Sports
COMMENTARY
Scraping together the 180 MPs will not be enough
Even if the coalition government was to scrape together the 180-MP majority it needs to elect a new President in the 300-seat House, skeptics say, what will change really? There is one evide...
EDITORIAL
Taking back what’s stolen
A large group of public prosecutors and state officials (coming from various departments) have been working on major corruption cases. Of course it is their duty to do so, yet their actions ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. EU´s Juncker survives no-confidence vote over tax deals
2. Police arrest will forgery gang that netted property worth 1.3 mln euros
3. Lower provisions and energy costs boost Greece´s PPC Q3 profit
4. Eurozone loans to private sector still contracting: ECB
5. Eurozone economic sentiment rises slightly in November
6. Bank of Cyprus posts 76 million euro nine-month profit
more news
Today
This Week
1. Greece paralyzed by major strike, flights cancelled
2. Greek diplomat dies in fall under Thai train
3. Greece scrambles to find food, shelter for 700 migrants on crippled ship
4. Chief suspect in Piraeus bar shooting arrested
5. Troika talks to continue after failure to wrap up negotiations in Paris
6. Scraping together the 180 MPs will not be enough
Today
This Week
1. Give Greece a chance
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Scientists expand excavation of ancient Amphipolis
4. Extremism from a bygone era
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Cosco’s Greek unit adds multinational rail-freight client
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.