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Greece began tough negotiations with international creditors

09 September 2012 / 19:09:36  GRReporter
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PASOK's leader Evangelos Venizelos was much clearer on this subject, as he said that the government is remaining united and will not split. The same message came from the prime minister's office. Venizelos insisted that a way should be found to bring the public onto the side of the government policy, in order for forthcoming measures to be accepted and put into practice. This process requires time which creditors still do not seem ready to grant. What is known for sure is that the supervisory Troika does not approve some of the government's fiscal consolidation measures and this week serious bargaining is expected. So far, neither the government nor the creditors say with clarity what the main points of disagreement are.

On Monday, 10 September, the Prime Minister will receive in his office the Troika's leaders. On Tuesday, Samaras will travel to Frankfurt, where he is scheduled to meet the head of the European Central Bank and on Wednesday another meeting will be held of party leaders in the governing coalition. The whole week is expected to be busy and full of surprises, say Greek journalists.

 

Tags: Economy Markets Troika creditors negotiations financial aid Greece
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