Stathakis

The Greek government presented to the representatives of the institutions its plan to impose a new tax for bank transactions of 1 per mille in order to avoid new stricter measures and cover the fiscal gap and the gap in social security.

Economy Minister Giorgos Stathakis stressed the need for completing the program review as soon as possible, while he also announced that the government will table the development law in March.

The first round of negotiations between Greek government and the representatives of the institutions concluded on Friday without reaching any agreement, while all major issues are still open.

It is still unclear whether the ‘Quartet’ will return to Athens on February, 15 or there would be new delays.

The negotiation talks between the Greek government and the representatives of the institutions have started amidst the protest rallies conducted by most of the labour unions

The representatives of the Institutions question the efficiency of specific fiscal measures and forecast a 1-1.2 billion euros difference in government’s revenue for 2016.

The representatives of the Institutions met at 11 a.m. with Labor Minister George Katrougalos to discuss  social security reforms.

Their meeting lasted three hours, while Finance Minsiter Euclid Tsakalotos and Economy, Infrastructure, Shipping and Tourism Minister George Stathakis were also present.

The first meeting between the representatives of Greece’s lenders and the Greek government is concluded.

The ‘Quartet’ will receive Greece’s proposal on the new tax bill tomorrow since it seems that issue was also added in the prior actions for the successful completion of the evaluation.

The meeting between Greek government and the representatives of the Institutions started at 17:00 on Monday so as to launch the negotiations on the review of Greece’s economic adjustment program.

The government was represented by Finance Minister Euclid Tsakalotos, Economy, Development and Tourism Minister George Stathakis and Alternate Finance Minister Giorgos Chouliarakis.

Economy, Development and Tourism Minister George Stathakis will soon announce four new programs funded by the National Strategic Reference Framework (NSRF), the Secretary General of Public Investments and NSRF Panagiotis Korkolis said on Wednesday in an interview with Praktorio 104.9 FM.

The final agreement on the pension and social security reforms that Greece proposes and wants to implement will reflect compromises for both Greece and its lenders, Economy Minister Giorgos Stathakis.