NEWS

No ‘final agreement’ in Mitsotakis meeting with troika officials

A third meeting between Kyriakos Mitsotakis, Greece’s newly-appointed Administrative Reform Minister, with troika officials did not result in a final agreement sources said on Thursday, adding however that significant progress had been made.

An agreement over civil service sackings is key for Greece to see its next bailout tranche of 8.1 billion euros being approved by the Eurogroup of finance ministers on Monday.

Athens has already missed a June deadline to put 12,500 state workers into a so-called “mobility scheme,” under which they are transferred or laid off within a year.

Sources close to the conservative minister said Thursday that troika officials were considering a government proposal to have mandatory transfers counted in the 12,500-target.

Mitsotakis, who is tasked with overhauling Greece’s bloated civil service, was scheduled to brief Antonis Samaras on the talks ahead of the Greek Prime Minister’s meeting with foreign inspectors.