Saturday April 25, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Final stretch for talks on cuts

 PM hopes to reach coalition deal before Friday, as new poll shows strong opposition to measures

Plans to wrap up by the end of the week negotiations with the troika on some 11.5 billion euros of cuts are still on course, government sources suggested Monday, following a meeting between Finance Minister Yannis Stournaras and representatives of Greece’s lenders.

Greece’s coalition leaders are due to meet Wednesday or on Thursday to finalize the cuts before Prime Minister Antonis Samaras flies to Rome on Friday to meet Italian Premier Mario Monti. Samaras is aiming to secure an agreement with PASOK’s Evangelos Venizelos and Democratic Left’s Fotis Kouvelis before leaving.

The government is hoping that after that, Stournaras will conclude talks with the troika and the coalition can draw the relevant bills to be submitted to Parliament. It is possible the draft laws will be appended to the 2013 national budget and submitted to Parliament before the meeting of eurozone finance minister on October 8 and the European Union leaders’ summit on October 18 and 19.

Following Stournaras’s meeting with troika officials, Finance Ministry sources said there had been “more progress” between the two sides but that the talks would continues. The finance minister remained evasive on the issue of whether a rise in the retirement age from 65 to 67 would be one of the measures adopted by the coalition in order to clinch the deal with its lenders. “We’ll see,” Stournaras told reporters.

While the coalition has a comfortable majority in Parliament to rely on to pass the measures, it faces a sizable task in convincing the public that the country is on the right track. A new Public Issue poll for Skai and Kathimerini suggested that only 20 percent of Greeks are satisfied with the government and 68 percent are against the terms of the loan deal. Of those questioned, 85 percent say they will probably be affected by the latest cuts. Nevertheless, 67 percent of Greeks still view the euro positively.

In Germany, Chancellor Angela Merkel said in a news conference that her “heart bleeds” at the hardships faced by many Greeks due to the austerity measures but stressed the need for Greece to continue reforms in order to remain in the eurozone.

“I think that everyone who is politically sensible will want that, too,” she said of Greece’s membership of the single currency, while calling on Greeks to back reforms. “In some cases, this is about reforms that, I think, wouldn’t bring any extra burden for the population.

“I don’t think it helps to revolt against measures that have to be taken anyway.”

ekathimerini.com , Monday September 17, 2012 (20:52)  
FM warns against a lose-lose situation [Update]
PM tries to appease local ity leaders
Poll: Large majority of Greeks want compromise with lenders
Police rescue 69 migrants from Evros River
Construction material costs slide anew
The decline in oil rates has contributed to the further fall in construction material prices and the cost of building new residential properties, according to data released on Friday by the ...
Navios taps German shipping opportunities
The wide margin of difference between the health of Greek and German shipping is clearly illustrated by the deal for the sale of 14 oceangoing vessels by German bank HSH Nordbank AG debtor c...
Inside Business
SOCCER
Rival soccer fan clashes leave man stabbed
One man was stabbed and several others slightly injured as rival Thessaloniki club fans clashed late on Friday at an event held by Aris supporters. Reports from Greece’s second city stated t...
TRACK & FIELD
Grabbing the shoes that have gone a long way
Greek Marathon legend Maria Polyzou is calling on everyone to join her in her charity run at the Dusseldorf Marathon on Sunday, April 26, by bidding for her special shoes she will race in an...
Inside Sports
COMMENTARY
Five years ago
This week marks five years since Greece officially entered a period of crisis when then Prime Minister George Papandreou announced that the country would seek a bailout from the eurozone and...
EDITORIAL
Slippery slope
The extremely divisive language that is currently being used by parliamentary deputies and coalition ministers is both unacceptable and dangerous. It is high time that the tired, old argumen...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. FM warns against a lose-lose situation [Update]
2. PM tries to appease local ity leaders
3. Poll: Large majority of Greeks want compromise with lenders
4. Police rescue 69 migrants from Evros River
5. Thessaloniki nanny denies abusing toddler
6. Cigarette-smuggling ring arrested in northern Greece
more news
Today
This Week
1. Five years ago
2. Greece not playing a game of chicken on debt
3. Slippery slope
4. Police rescue 69 migrants from Evros River
5. Cigarette-smuggling ring arrested in northern Greece
6. Poll: Large majority of Greeks want compromise with lenders
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greek government's popularity takes a hit as talks drag on
3. Putting off payments led to Q1 budget primary surplus
4. Obama calls for flexibility in Greek reform talks in brief exchange with Varoufakis
5. It's up to the Greek government to ensure deal with lenders, says ECB's Coeure
6. Europe's collision course with Greece
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.