Tuesday April 21, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Gov’t on edge over deal

 Outlook unclear as Democratic Left continues to oppose labor reforms

Premier Antonis Samaras and Finance Minister Yannis Stournaras on Thursday kept up their efforts to sign off on an austerity deal with the troika as the two junior partners in the coalition continued to object to aspects of the tenuous agreement.

The biggest hurdle to finalizing the deal was posed by the smallest party in the coalition, Democratic Left, which persisted in its opposition to the troika’s demand for controversial labor reforms. In a statement issued late on Thursday, the party appealed to Greece’s eurozone partners to convince the troika to withdraw its demands on labor reforms. It indicated that if further concessions are made by Sunday its MPs would back the reforms.

Meanwhile Greece’s efforts at economic reform dominated a Euro Working Group session in Brussels that started on Thursday and is to resume on Monday. Troika officials made an initial presentation on Thursday of progress in negotiations with the Greek government, and European Commission spokesman Simon O’Connor indicated that there had been “substantial progress” but that “a few outstanding issues remain.”

Back in Athens, despite the absence of a final political deal, Samaras reportedly instructed the Cabinet’s secretary Takis Baltakos to start gathering all the documents for legislative reforms compiled by the various ministries to compile a catch-all multi-bill that will include the 13.5-billion-euro austerity package and a raft of structural reforms including the controversial labor reforms being rejected by Democratic Left. The original plan had been to submit the austerity bill and the structural reforms separately. However it now appears that Samaras and Stournaras want to pressure wavering lawmakers into backing the full package and not getting caught up in specific articles.

There was also upheaval within the ranks of socialist PASOK, where several MPs have declared their intention to vote against a legal provision aimed at fast-tracking privatizations through Parliament. The Socialist lawmakers want each proposed privatization to be submitted separately in Parliament for approval but Stournaras countered that this would seriously hamper the process.

Despite the political upheaval, Stournaras insisted that austerity measures would be submitted in Parliament next week, and as one bill rather than two. Earlier in the day he was taken to hospital, where he was diagnosed with a serious viral infection and exhaustion. He was discharged at his own request.

ekathimerini.com , Thursday October 25, 2012 (22:48)  
Juncker urges Greece to step up effort in debt talks
UN urges Europe to put asylum at center of Mediterranean debate
More than 120 migrants reach Greek shores, a day after fatal sinking
Greek municipalities outraged by state move to use funds
Dijssebloem expects deal with Greece in coming weeks
The head of the Eurogroup said on Tuesday that he expects Greece and its creditors to strike a new deal in the coming weeks and warned that its exit from the eurozone would lead to instabili...
Euro-area debt levels surge to record, led by Greece
Government debt in the euro area surged to the highest levels since the introduction of the single currency, underscoring the challenges still confronting the 19-nation bloc as it wrestles w...
Inside Business
BASKETBALL
Panathinaikos recovers to beat CSKA for 2-1
Three-pointer master Panathinaikos had the last laugh at the end of Game 3 of its series with CSKA Moscow on Monday winning 86-85 and reducing the Russians' lead to 2-1 in the best-of-five p...
GYMNASTICS
Petrounias wins gold in Europeans
Lefteris Petrounias won his first gold medal in a European Artistic Gymnastics Championship on Saturday finishing first in the rings at Montpellier in France. Petrounias was impeccable in th...
Inside Sports
COMMENTARY
Tragedy in the Mediterranean
Every time we in the West see yet another video of an atrocity committed by Islamic State or Boko Haram and express our abhorrence, and every time we are shocked to read of a boatload of mig...
EDITORIAL
Silence is not an option
There is no shortage of politicians, lobbyists and unionists from the center right who have backed the government, whether tacitly or explicitly. Naturally, when it was first elected, the go...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Dijssebloem expects deal with Greece in coming weeks
2. Juncker urges Greece to step up effort in debt talks
3. UN urges Europe to put asylum at center of Mediterranean debate
4. More than 120 migrants reach Greek shores, a day after fatal sinking
5. Greek municipalities outraged by state move to use funds
6. EU proposes doubling rescue effort, schedules crisis meeting on Thursday
more news
Today
This Week
1. Greek government's popularity takes a hit as talks drag on
2. Tragedy in the Mediterranean
3. Two men accused of migrant smuggling face prosecutor over deadly shipwreck
4. No ferries on Labor Day as seamen take industrial action
5. Silence is not an option
6. ECB studying curbs on Greek bank support
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greek finance ministry hits back at German newspaper report
3. Time to get serious
4. Putting off payments led to Q1 budget primary surplus
5. Obama calls for flexibility in Greek reform talks in brief exchange with Varoufakis
6. Greece denies report that it is preparing for debt default
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.