Pension system and labour reforms on the cards in Greece’s 2nd review, Dijsselbloem says




BRUSSELS (ANA/ M. Aroni) Measures concerning both the pension system and labour market reforms are expected to be the focus of talks during the second review of Greece’s programme, Eurogroup President Jeroen Dijsselbloem informed the Dutch lawmakers on Tuesday, in the customary document sent by the Dutch finance minister prior to each Eurogroup.

Dijsselbloen noted that the second review of Greece’s programme, which is now underway, will be on the agenda of the next Eurogroup on November 7. He said the Dutch government considers the rapid completion of this review important, while adding that it included a broad range of measures.

He said the institutions will brief Eurozone finance ministers on the details of these and noted a need for measures relating to privatisations, the financial sector, the energy market, public administration, medium-term and long-term budget strategy, the business climate, the market for products and education.

Dijsselbloem also announced that the official conclusion of the first review now opened the way for short-term debt relief measures for Greece, as announced by the May 24 Eurogroup meeting, which will be mainly focused on reducing interest rate vulnerability, including a ‘gentler’ profile for European Financial Stability Fund (EFSF) loans and debt repayments in 2017. The institutions’ next mission to Athens has been scheduled for November 14-21, he said.

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