Thursday December 18, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece to table request for debt relief at May 5 Eurogroup, says Stournaras

Greece will put the issue of further debt relief on the agenda at the May 5 Eurogroup, Finance Minister Yannis Stournaras told businessmen in Athens on Monday.

“Eurostat’s announcement [last week on Greece’s primary surplus] has opened the path on a discussion about debt relief based on what had been agreed with our partners,” he told the 3rd Hellenic - Chinese Business Partnering Conference.

“Greece will table this issue at the next Eurogroup, on May, so the discussion can begin,” added Stournaras.

Last Thursday - a day after the European Commission confirmed that Greece’s surplus for 2013, as calculated using the troika’s methodology, stood at 1.5 billion euros - the country’s representative at the Euro Working Group made a request for more debt-lightening measures.

Panos Tsakloglou, chairman of Greece’s Council of Economic Experts, reminded his counterparts of the Eurogroup’s November 2012 pledge to examine debt relief steps once Greece produced a primary surplus.

Stournaras also told the audience in Athens on Monday that Greece has 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, in order to reduce our debt to sustainable levels by 2020, has already been achieved,” he told the 3rd 'Hellenic - Chinese Business Partnering Conference.

“This means that the hardest part is behind us but we still have some ground to cover. We have almost reached the top of the mountain, though.”

ekathimerini.com , Monday April 28, 2014 (14:53)  
German parliament supports extending Greece bailout
Greek bond yields fall after ´friendly´ Schaeuble comments
No risk of contagion from Greek vote, Italy´s FinMin says
German finmin says Greece in better shape than expected
Tsipras wants agreed solution with eurozone, not unilateral moves
Greece's radical leftist Syriza party will cancel austerity and ask Europe to erase a big chunk of Greek debt to free the country from the dark spell it has fallen under, leader Alexis Tsipr...
Austerity curbed human rights in Greece, report says
Austerity measures adopted as a result of the economic crisis have adversely impacted human rights, including the rights to work and health, noted a report released on Thursday by the Intern...
Inside News
BASKETBALL
Pappas helps Greens overcome Aris
An impressive Nikos Pappas averted an upset by Aris and ensured Panathinaikos retained its perfect record on Tuesday, one day after Olympiakos thrashed Panionios at Nea Smyrni for the Basket...
´Wee Jay´ and idol Georgios Samaras receive Greek sports journalists´ award at Athens gala
A 10-year-old Irish fan of Greek striker Georgios Samaras was in Athens on Monday at the invitation of the Greek Sports Journalists' Association, which honored outstanding achievements in sp...
Inside Sports
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...
COMMENTARY
A pointless battle
The public closely watched the first act in the three-part drama of Parliament’s election of a new president yesterday. The result was below the expectations of the New Democracy-PASOK coali...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Tsipras wants agreed solution with eurozone, not unilateral moves
2. German parliament supports extending Greece bailout
3. Greek bond yields fall after ´friendly´ Schaeuble comments
4. No risk of contagion from Greek vote, Italy´s FinMin says
5. Austerity curbed human rights in Greece, report says
6. German finmin says Greece in better shape than expected
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. Eurozone bond yields fall as 'patient' Fed pleases investors
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. East Europe scrambles for energy after Putin kills South Stream
6. Anarchist Nikos Romanos ends hunger strike
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.