Monday May 25, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
PM assures no new measures will be needed after deal is reached with troika [Update]

Prime Minister Antonis Samaras on Tuesday insisted that no new austerity measures will be required as part of a deal reached earlier in the day between the Greek government and troika inspectors following seven months of tough negotiations.

"Today a long period of tribulations has ended, and a new beginning is being made," Samaras said.

Speaking from the Finance Ministry where the last marathon session of talks was held between government officials and representatives of the European Commission, European Central Bank and International Monetary Fund on a string of reforms Greece will have to implement in order to receive the next tranche of bailout funding, Samaras also pledged that 5 million euros from the 2013 primary surplus - which one high-ranking Finance Ministry source has put at 2.9 billion euros - will be distributed among poor Greeks hit by the six-year recession.

He further pledged to reduce state arrears of approximately 4.8 billion euros by 2.3 billion euros before the end of the year.

Finance Minister Yannis Stournaras said that details of the staff-level agreement, which have dragged on since September as the government haggled with the troika over a series of contentious reforms, will be announced later in day.

"These were seven very, very difficult months," Stournaras said, adding that the agreement is being written up.

"This review was the toughest we've had so far," he said.

Official statements are also expected from the European Union.

ekathimerini.com , Tuesday March 18, 2014 (15:13)  
Varoufakis slams media over Riga Eurogroup reporting
Greeks back governments red lines, but want to keep euro
SYRIZA seeks new relationship with police
Solving islands water problems would take 66.4 mln euros, study finds
ANALYSIS
VAT adjustment is the way forward
The Greek governments hope for a political solution and a staff-level agreement on the program review by the end of May is looking increasingly unlikely. To the extent that a piecemeal appr...
Tender for Thriasio freight center to restart next month
The tender process for the Thriasio freight center is about to restart, with candidate investors set to receive the terms so that there may be tangible progress by end-June. If everything go...
Inside Business
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
SOCCER
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos completed a league-and-cup double on Saturday by beating Xanthi 3-1 in the Greek Cup final at the Olympic Stadium of Athens, that was more balanced than the final score suggests. ...
Inside Sports
COMMENTARY
The good news and the bad
The good news is that a Greek default will most likely be prevented, a deal will be reached with the countrys creditors and an extension will be granted for negotiations over the next bailo...
EDITORIAL
Geopolitical threats
Greece needs to extricate itself from this crisis fast and get back on its feet, not least because the geopolitical climate is becoming increasingly stormy. The Balkan region is re-entering ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Berg brace gives Panathinaikos four-point lead
2. VAT adjustment is the way forward
3. Tender for Thriasio freight center to restart next month
4. Varoufakis slams media over Riga Eurogroup reporting
5. Banks fear NPL sum will reach 100 bln euros
6. Socar has found a way to opt out of the DESFA deal
more news
Today
This Week
1. Greeks back government's red lines, but want to keep euro
2. Greece does not have the money to make June IMF repayment, warns interior minister
3. The good news and the bad
4. SYRIZA seeks new relationship with police
5. Solving islands' water problems would take 66.4 mln euros, study finds
6. Geopolitical threats
Today
This Week
1. The Greek-German breakthrough that didnt come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Greek endgame nears for Tsipras as bank collateral hits buffers
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.