Tuesday May 26, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Government focus shifts to relief, growth

Finance Minister Yannis Stournaras confirmed on Monday that Athens will request the launch of talks on debt relief at a Eurogroup summit next week as Prime Minister Antonis Samaras prepares a pre-election campaign that is expected to focus on growth-oriented measures after a long period of austerity.

Greece plans to press its international creditors on debt talks following the European Commission’s confirmation last week that the country posted a primary surplus. “The road for a discussion on debt relief is open,” Stournaras told a Greek-Chinese business conference on Monday, referring to a pledge by Greece’s creditors in November 2012 to launch talks on debt relief once Athens achieves a budget surplus before debt repayments.

“At the next Eurogroup on May 5, the Greek government will raise the issue,” Stournaras said. He added that Greece had achieved more than three quarters of the fiscal adjustment it needs to make its debt sustainable. “We estimate that more than 85 percent of the improvement in the general government primary balance, aimed at reducing our debt to sustainable levels by 2020, has already been achieved,” he said, noting, “we have almost reached the top of the mountain.”

Samaras is expected to strike a similar note in speeches over the coming days as the government gears up for European Parliament and local authority elections next month.

This week, the premier is due to speak at forums on energy and tourism, both sectors with significant untapped potential. But Samaras is expected to adopt a two-pronged approach in campaigning – emphasizing the country’s growth potential in a bid to raise hopes about job creation while also broaching the prospect for a constitutional review in an attempt to show that his administration is breaking from the past.

On Friday, Samaras is expected to unveil New Democracy’s proposals for a review of the constitution, which could include sweeping reforms affecting how the government and Parliament operates. The proposals are expected to include re-examining parliamentary immunity for MPs, setting a limit on the time a prime minister can serve in office and improving the transparency of party finances. Another key reform that the premier might put on the table, according to sources, is the reduction of the number of MPs that sit in Parliament from 300 to 250 or 200.

ekathimerini.com , Monday April 28, 2014 (21:30)  
Germany sees progress on Greece, EU officials to confer on Thursday
Brussels Group postponed to Wednesday
EU defends Juncker´s ´cool style´
Bad weather expected across Greece
Finance Ministry says tax on ATM withdrawals not in the cards
A few hours after Finance Minister Yanis Varoufakis said the Greek government was considering the introduction of a small levy on ATM withdrawals, the ministry issued a statement saying that...
´Grexit´ risk dips even as aid talks go to the wire, investor survey shows
The probability Greece will leave the euro zone in the next year has fallen even as Athens is fast running out of time to reach a cash-for-reforms deal with its EU lenders, a May survey of m...
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
Shame, justice, democracy
Contrary to the urban myth that Greek students are no longer taught Ancient Greek at school, they are both taught and tested on it. This does not mean to say, of course, that the subject is ...
EDITORIAL
Worrying signs in ruling party
Statements made by certain high-ranking SYRIZA officials during the party’s central committee assembly on Saturday are a source of concern. It has become blatantly clear by now that a signif...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Germany sees progress on Greece, EU officials to confer on Thursday
2. Brussels Group postponed to Wednesday
3. EU defends Juncker´s ´cool style´
4. Finance Ministry says tax on ATM withdrawals not in the cards
5. ´Grexit´ risk dips even as aid talks go to the wire, investor survey shows
6. Greece might sidestep June 5 IMF payment deadline
more news
Today
This Week
1. Overhaul planned for car taxation
2. IMF's Blanchard says Greek budget proposals not enough
3. Euro falls to four-week low as Greece deadlock spurs volatility
4. Time running out for Greece, ESM head Regling says
5. Here’s a Greek business that’s booming: Making test-tube babies
6. More migrants reach Greece, approaching 1,200 in 2 days
Today
This Week
1. Conspiracy madness
2. National self-awareness put to the test
3. Albanian demarche raises concerns about possible territorial claims over Greece
4. Why Greece won't hold referendum on reforms
5. Greek endgame nears for Tsipras as bank collateral hits buffers
6. Hotel contracts with a ‘Greek default clause’
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.