George Stathakis

Minister of Economy, Infrastructure, Shipping and Tourism George Stathakis is confident that the Greek economy will see a “jump” of 2,7% for 12 months in a row from June 2016.

The Greek government is ‘loading’ the ‘tab’ of the measures on low income earners, in an effort to strike a deal with its creditors before Orthodox Easter. Greeks with a monthly salary between 650 and 2,000 Euros will shoulder the taxation and social security reforms, with employees expected to see an immediate impact on their wages in May, if the bill is passed after Easter.

Greece and its creditors (IMF and EU institutions: the Quartet) will resume talks on the implementation of necessary measures in an effort to reach a deal, in Athens, Tuesday. There is little hope for any deal until the Eurogroup meeting takes place in Amsterdam, on Thursday, April 22.

The Greek government has reportedly accepted to discuss an additional package of measures worth 3.5bln Euros in the event its proposal to the Quartet to raise 5.4bln Euros through tax hikes fails to produce any results.

Greek Finance Minister Euclid Tsakalotos had a series of meetings in Washington during the IMF-World Bank summit in an effort to present his views on the progress of negotiations between the country and its lenders. On the sidelines of the Summit, Tsakalotos met with IMF Director Christine Lagarde and agreed that the IMF representatives would return to Athens next week.

The Greek Finance Minister Euclid Tsakalotos is held a press conference explaining the Greek government’s moves regarding its negotiations with the country’s creditors. Alongside the Minister were also the Minister for Economy, George Stathakis and Labour Minister George Katrougalos.

Greece’s creditors might be in Athens to resume talks with the Greek side on reaching a deal about the review of the country’s adjustment program, but so far the Monday’s rendezvous has been pushed back twice. The Greek side released a new announcement informing the press that the meeting, scheduled to start at 4 pm Monday would be postponed until 2 hours later at 6.

The meeting held between Finance Minister Euclid Tsakalotos, Economy Minister George Stathakis and Alternate Finance Minister Giorgos Chouliarakis and the representatives of the institutions concluded in Athens on Wednesday evening without reaching any conclusions.

Greek Minister of economy George Stathakis expressed the view that a deal with the country’s creditor’s could be struck within the set deadline. The new round of talks is scheduled to start on April 4 and Stathakis told Ant-1 TV he was optimistic about the final outcome of talks during a morning interview on the station, Friday.

Greek Prime Minister Alexis Tsipras visited the Tehran’s Pardis Technology Park (PTP) on Sunday in the framework of his two-day visit in Iran and presented what he called a framework of cooperation between Greece and Iran.

Mr. Tsipras stressed that the two countries could work together in the areas of technology, innovation, energy, trade, culture and shipping.