Saturday December 20, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
PM says negotiations with troika are over

The office of Prime Minister Antonis Samaras on Tuesday afternoon issued a statement saying that negotiations with Greece's creditors are over and a deal has been reached with inspectors from the International Monetary Fund, the European Commission and the European Central Bank -- known as the troika -- over the country's fiscal adjustment program.

Samaras's office said the negotiations with the troika have been concluded «successfully» and that «significant improvements were made."

"Today we concluded negotiations over the measures and the budget,» the statement read. «We did everything we could. We exhausted all the limits of pressure and time. We achieved significant improvements even in the final hour."

The draft budget for 2013 is due to go before Parliament on Wednesday, while the Eurogroup of eurozone finance ministers will be holding a teleconference on the same day to decide on the disbursement of a 31.5 billion-euro tranche of bailout funding for Greece as the Euro Working Group entered a second day of talks in Brussels on Tuesday over Greece.

"Provided that the deal is approved and the budget is voted through, Greece will remain in the euro,» Samaras's announcement said.

Samaras aides and key ministers have been ratcheting up their efforts to win round officials from junior coalition partner Democratic Left, which continues to object to proposed changes to labor laws and the abolition of social benefits for families. Some lawmakers in socialist PASOK also harbor objections to the measures.

Samaras’s aim has been to win round Democratic Left so that Finance Minister Yannis Stournaras could present his eurozone counterparts on Wednesday with a deal on a 13.5-billion-euro austerity package and on a package of structural reforms that include the controversial labor laws.

"The problem from this point on is not this or that measure,» Samaras's statement said. «The problem is the exact opposite: what would happen if the deal is not ratified and the country is led to chaos, and how much more painful such a development would be for the Greek people; from an economic standpoint and -- more importantly -- from a political standpoint. These dangers must be averted, and this is now the responsibility of all the parties and each individual deputy."

ekathimerini.com , Tuesday October 30, 2012 (15:35)  
Political upheaval sharpens after bribe claims with threats and insinuations
Environment Ministry to reconsider controversial bill
Police gets new communications system
Most Greeks say they recycle daily
Workers rush to get early retirement
Nine out of 10 workers who retired in the last four months who had belonged to the former special funds of banks and state corporations that have now been incorporated in the Social Security...
Piraeus Containter Terminal goes from strength to strength
Piraeus Container Terminal, the local subsidiary of Chinese giant Cosco Pacific, is expected to handle a total of over 3 million containers in the January-December period of this year. The J...
Inside Business
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
Inside Sports
COMMENTARY
The big picture
In his second term, US President Barack Obama is taking steps to enshrine his legacy and solidify America’s standing in the 21st century. His recent decision to normalize relations between t...
EDITORIAL
Get your facts straight
The danger that political discourse in Greece will sink to the basest levels of vulgarity is already more than apparent from the allegations we have heard bandied about over recent days. The...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Political upheaval sharpens after bribe claims with threats and insinuations
2. Environment Ministry to reconsider controversial bill
3. Police gets new communications system
4. Most Greeks say they recycle daily
5. Probe into revenues of 2 mln euros in Halkidiki municipality
6. Changes on E9 property declarations possible until end-year
more news
Today
This Week
1. The big picture
2. Get your facts straight
3. Probe into revenues of 2 mln euros in Halkidiki municipality
4. Corinth-Patra highway traffic to be diverted
5. Search under way for ‘mastermind’ of bank-scamming gang
6. Heroin seized from Italy-bound orange shipment
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. Europe's drama in Greece needs final act to avoid tragedy
6. High stakes
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.