Cabi­net to mull ac­tions

As talks with lenders con­tinue, PM, min­is­ters to dis­cuss how to un­lock loans

Kathimerini English - - Front Page -

Af­ter an ini­tial day of talks with rep­re­sen­ta­tives of Greece’s cred­i­tors, Prime Min­is­ter Alexis Tsipras is to chair a cabi­net meet­ing this morn­ing to dis­cuss the ad­di­tional ac­tions that must be taken to un­lock res­cue loans.

Fi­nance Min­is­ter Eu­clid Tsakalo­tos and sev­eral other top min­is­ters met yes­ter­day with mis­sion chiefs from the Euro­pean Com­mis­sion, Euro­pean Cen­tral Bank, Euro­pean Sta­bil­ity Mech­a­nism and In­ter­na­tional Mone­tary Fund. Ac­cord­ing to sources, the en­voys pointed out the gaps that must be plugged be­fore a tranche of 2 bil­lion eu­ros in fund­ing can be re­leased. A vote in Par­lia­ment last week ap­proved 15 prior ac­tions, only a third of those de­manded by cred­i­tors. As a re­sult, a Euro Work­ing Group tele­con­fer­ence that had been planned for yes­ter­day was can­celed.

Along with the mea­sures min­is­ters must im­ple­ment, the cabi­net meet­ing is also ex­pected to ex­plore ways of en­forc­ing some as­pects of SYRIZA’s so-called “par­al­lel pro­gram,” which is aimed at eas­ing the im­pact of aus­ter­ity.

In com­ments yes­ter­day, gov­ern­ment spokesper­son Olga Gerovasili said she be­lieved there would be no prob­lem with the dis­burse­ment of the 2 bil­lion eu­ros, not­ing that in most cases, min­is­te­rial de­ci­sions will be is­sued to ful­fill the pend­ing ac­tions. Other ac­tions can be in­cluded in a sec­ond raft of mea­sures, she said. That bill is sup­posed to fea­ture tax hikes for farm­ers and an over­haul of the pen­sion sys­tem.

Apart from Tsakalo­tos and State Min­is­ter Alekos Flam­bouraris, the en­voys also met with Econ­omy Min­is­ter Gior­gos Stathakis for talks said to have fo­cused on the im­ple­men­ta­tion of the Or­ga­ni­za­tion for Eco­nomic Co­op­er­a­tion and De­vel­op­ment’s “toolkit” aimed at re­mov­ing bar­ri­ers to com­pe­ti­tion.

A meet­ing be­tween the mis­sion chiefs and Al­ter­nate Fi­nance Min­is­ter Try­fon Alexiadis looked at ef­forts to fight tax eva­sion and the re­struc­tur­ing of the Financial Crimes Squad (SDOE).

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