Saturday August 23, 2014 Search
Weather | Athens
32o C
25o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece reassures troika on reforms as talks enter second phase

Greek Prime Minister Antonis Samaras (right) greets his Finnish counterpart, Jyrki Katainen, at the entrance of the Maximos Mansion in central Athens on Friday.

Troika officials launched a second round of talks with Finance Minister Yannis Stournaras on Friday night, having received reassurances about a number of structural reforms that are outstanding and now shifting their focus to other pending matters, such as the fiscal gap for 2014-15 and the size of the 2013 primary surplus.

Ahead of an evening visit to the Finance Ministry, the troika inspectors had held talks with Administrative Reform Minister Kyriakos Mitsotakis. With schoolteachers and local government employees protesting outside, Mitsotakis discussed public sector dismissals and the mobility scheme with the representatives of Greece’s lenders. Sources said it was established during the meeting that the government is on track to meet its target of firing 15,000 civil servants by the end of the year and placing another 25,000 in the mobility scheme. Some 21,000 have already been inducted into the mobility program, Mitsotakis informed the troika. They also discussed the removal of barriers to competition in a number of sectors, as recommended by the Organization for Economic Cooperation and Development.

Some more testing issues, such as last year’s primary surplus and how much of it the government will be able to redistribute among Greece’s most needy, are due to be added to the agenda. Nevertheless, Athens is still hoping to reach an agreement in principle with the troika by March 8 so eurozone finance ministers can approve the release of almost 9 billion euros in bailout loans when the Eurogroup meets on March 10.

Friday’s troika meetings took place as Prime Minister Antonis Samaras held talks with Finnish Prime Minister Jyrki Katainen at the Maximos Mansion. The visiting leader stressed that Greece “has not won the battle” but said that it had done much to win back trust. He urged the Greek government to pursue further structural reforms.

Samaras said that Greece could look to Finland’s economic problems in the past and how it overcame them to become a “model of growth” for inspiration in its own efforts to tackle the crisis.

ekathimerini.com , Friday February 28, 2014 (18:48)  
Baltakos rejects reports of plans to form own party
Athens finalizes Paris talks goals
Cleaning firm in IKA scam
Coalition set to nominate Kouvelis for president
External factors threatening Greek recovery
At a time when the Greek economy is displaying what appear to be early signs of recovery, following six years of deep recession, a series of external factors are threatening to undermine the...
Vodafone to buy 73 pct more of Hellas Online for 73 mln euros
Britain’s Vodafone has agreed to acquire a further 73 percent stake in Greece’s broadband and fixed-line telephony provider Hellas Online for 73 million euros, to help it better compete in t...
Inside Business
Soccer refereeing investigation goes into final stage
A judicial probe into alleged corruption in Greek soccer is entering its final phase, with 11 top officials due to give depositions to Court of First Instance deputy prosecutor Aristidis Kor...
West Brom sign Greek international striker Samaras
West Bromwich Albion have signed Greece striker Georgios Samaras on a two-year contract following his release from Scottish champions Celtic, the English Premier League club said on Friday. ...
Inside Sports
COMMENTARY
Purification rituals
The collection of higher-than-expected state revenues (which exceeded the target set for the seven-month period by 555 million euros) from income taxes and the terrible introduction of the n...
EDITORIAL
Building a solid state apparatus
The conservative-led government is making a valiant effort to modernize the country’s public administration. Bringing the system up to a decent standard is of course a painstaking process th...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Baltakos rejects reports of plans to form own party
2. Soccer refereeing investigation goes into final stage
3. Athens finalizes Paris talks goals
4. Cleaning firm in IKA scam
5. Coalition set to nominate Kouvelis for president
6. Public officials expect Thessaloniki metro project to finish in 2018
more news
Today
This Week
1. Purification rituals
2. Athens police seek hit-and-run driver after pedestrian dies
3. Kavala man left 6 dogs at home without food or water for 2 weeks
4. Greek police in easiest drug arrest ever
5. Public officials expect Thessaloniki metro project to finish in 2018
6. Athens finalizes Paris talks goals
Today
This Week
1. Carved sphinxes at Ancient Amphipolis tomb will not be removed
2. The magical mountain
3. Merkel cites euro’s ‘construction flaws’ as economy sputters
4. Greek stock recovery fading away as ASE falls 21 pct on valuations
5. Brussels warns Greece over plans to allow construction near Korinos beach
6. Second man held over double murder in Mani
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.