Friday August 29, 2014 Search
Weather | Athens
31o C
24o 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)  
Exam results spell trouble for some universities
Police names suspects in 400,000-euro heist
Rector takeover marred by protest
Greek PM reaches out to foreign officials ahead of crucial EU summit, troika talks
Foreclosures threat pushed back
An agreed foreclosure protection period currently granted to first-home buyers unable to settle overdue tax amounts will be conditionally extended beyond the end of the current year, when it...
Athens rental rates tumble
Reflecting the overall shrunken state of the Greek economy, rents for small, aging Athenian apartments of up to 60 square meters have fallen by a total of 50 percent since the recession star...
Inside Business
SOCCER
Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
There was a triple success for Greek soccer on Thursday as PAOK, Panathinaikos and Asteras Tripolis made it through to the Europa League group stage. PAOK had a challenging task after a 1-0 ...
SOCCER
Olympiakos drawn against Spanish, Italian and Swedish champions in CL
Olympiakos will face the champions of Spain, Italy and Sweden in the group stages of Europe's top soccer tournament, the Champions League. Thursday's draw in Monaco was not particularly kind...
Inside Sports
COMMENTARY
The Lotus-Eaters
Turkey, a country branded by some as undemocratic and maladjusted by European standards, recently elected a new president – Recep Tayyip Erdogan – in a vote that was transparent and with a c...
EDITORIAL
A good start for culture
It took decades for a decision as obvious as keeping Greece’s most popular museums and archaeological sites open all day and all week to be reached and acted on, and now we are beginning to ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
2. Foreclosures threat pushed back
3. Exam results spell trouble for some universities
4. Police names suspects in 400,000-euro heist
5. Athens rental rates tumble
6. Transforming OPAP buys top-up firm
more news
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. Hardouvelis, ECB executive discuss bank program, stress tests
3. Greece to relaunch tender for mutual horesebetting license
4. Venizelos invites Simitis and Papandreou to PASOK 40th anniversary event
5. EU's Frontex to take lead from Italy in Mediterranean immigration crisis
6. Bad debt provisions hit Greece's PPC first half net profit
Today
This Week
1. Brussels warns Greece over plans to allow construction near Korinos beach
2. Merkel cites euro’s ‘construction flaws’ as economy sputters
3. Attack on gay couple in Athens leaves one man needing surgery
4. Purification rituals
5. Second man held over double murder in Mani
6. The battle against progress
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.