Friday December 19, 2014 Search
Weather | Athens
17o C
10o 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)  
Stores wrecked in protests to be let off municipal fees
SYRIZA rules out political consensus before polls
University transfers in doubt after process canceled at two departments
Coalition MPs push for compromise over president
Importers told to pay up in advance
In the last 10 days foreign suppliers have again started asking for the full cost of commodities exported to Greece to be paid in advance by their local representatives, in a picture reminis...
Jobless rate posts steady decline
Unemployment fell to 25.5 percent in the third quarter of the year, against 26.6 percent in the second quarter of 2014 and 27.2 percent in the third quarter of 2013, according to seasonally ...
Inside Business
SOCCER
PAOK loss at Giannina brings Olympiakos to within a point
The bad losses that PAOK and Panathinaikos suffered on the road on Thursday allowed Olympiakos to gain significant ground on the table and come to within one point from the top after the mid...
BASKETBALL
Reds lose in Turkey to motivated Galatasaray
Olympiakos went down at Galatasaray 79-74 on Thursday for its second defeat in the first round of the Euroleague that ended with the Reds topping their pool with eight wins in 10 games. With...
Inside Sports
COMMENTARY
New weapons of diplomacy
Hollywood screenwriters couldn’t make it up: That Sony, one of the world’s biggest film producers, would be forced to pull a comedy about the assassination of North Korea’s dictator after a ...
COMMENTARY
Europe´s drama in Greece needs final act to avoid tragedy
Judging from Wednesday's vote in the Greek parliament, Prime Minister Antonis Samaras may not get the mandate he wants to keep economic austerity measures in place and avoid defaulting on th...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. PAOK loss at Giannina brings Olympiakos to within a point
2. Reds lose in Turkey to motivated Galatasaray
3. Importers told to pay up in advance
4. Jobless rate posts steady decline
5. Piraeus and KKR strike loans portfolio deal
6. German approval and praise come at key time
more news
Today
This Week
1. Europe's drama in Greece needs final act to avoid tragedy
2. Election looms as Samaras fails to win vote for president
3. Kammenos maintains firm position, says general election is 'one-way street'
4. What SYRIZA says about Greece’s economy, its debt and the euro
5. Merkel says Russia sanctions to remain unless Putin yields; Greece's prospects 'better than two years ago'
6. Snap elections would lead to euro exit, says former premier
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. Greece reruns doomsday scenario as politics collide with markets
6. Gap between SYRIZA and New Democracy closing, says poll
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.