institutions
Agreement in principle on legislation for out-of-court settlement of business debts
The government and the representatives of the institutions have agreed in principle for the creation of a legislative framework for the out-of-court settlement of debts accumulated by businesses and the self-employed, during a meeting in Athens on Sunday.
Negotiations with institutions on second review to start at end of the week
Greece’s negotiations with the institutions on the second programme review will start at the end of the week. The reason for the delay is IMF’ representative Delia Velculescu’s later arrival in Athens. Talks on a technical level started on Monday.
Greece and institutions clinch deal on pending issues for the conclusion of program review
The government and the institutions agreed early on Wednesday on the pending issues for the conclusion of the Greek program review which will give the green light for the disbursement of the 7.5 billion euro loan sub-tranche.
Finmin, Labour minister conclude meeting with institutions in Athens
Finance Minister Euclid Tsakalotos on Thursday concluded a meeting with the representatives of the institutions on a first review of Greece’s programme. In statements afterward, the minister said there had been an introductory talk, during which they discussed the agenda for the negotiations.
Labour Minister: ‘The negotiation is very hard’
“It is a very hard negotiation that will continue tomorrow” stated Labour Minister George Katrougalos after his meeting with the heads of the institutions at a downtown Athens hotel. Finance Minister Euclid Tsakalotos and Economy Minister George Stathakis were also present at the meeting.
Senior official: ESM to approve disbursement of Greece’s loans
The disbursement of the 2-billion-euro loan sub-tranche Greece is expecting from its bailout program, along with the 10 billion euros for the recapitalization of the country’s lenders are expected to be approved on November 23 (Monday), a senior official participating in the ongoing negotiations with Greece’s lenders said on Monday.
Eurozone officials optimistic over negotiations with institutions
BRUSSELS (ANA-MPA/Chr.Vassilaki) – A positive climate prevails among senior officials of the eurozone over the negotiations taking place in Athens with the view to reaching an agreement between institutions and Greek authorities.
An agreement with the institutions can be reached by Saturday
Economy Minister Giorgos Stathakis said on Wednesday he believes that an agreement will be reached with the institutions by Saturday, adding this would have a positive impact on the recapitalization of Greece’s lenders.