ELEFTHEROTYPIA

12 measures for the disbursement of the 8.3 billion euros

Smiles in front, aggression behind the scenes

The troika began demanding more as soon as the omnibus bill was passed!

The Finance Ministers of the Eurozone depart Athens today, leaving behind new demands. The support requested by the government from its partners/lenders through positive statements over the trajectory of the Greek economy after yesterday’s Eurogroup, cost it 12 prerequisite measures and new trials over the disbursement of the 8.3 billion euros, which will be given in sub-doses only after the implementation of the list with the new demands of the troika. The public relations fiesta was not a success and now the government is rushing to make the deadlines in order to receive the funds on time. Jeroen Dijsselbloem left open the possibility that Greece would need  new loan in order to cover its funding needs until 2015. 

EFIMERIDA TON SYNTAKTON

Eurogroup: The loan will be given in 3 payments

12 measures are required to receive the loan tranche:

1. 11,000 public sector layoffs
2. Extension of the unified pay scale
3. Access of the uninsured to drugs and health checks
4. Pursual of unpaid taxes
5. Looting the forests
6. Elimination of Taxes on behalf of third parties
7. Cuts to party funding
8. A break-up of the Public Power Company and its replacement with a smaller operator
9. Elimination of public departments and services
10. Passage of a law for open-air trade
11. Elimination of corruption in public administration
12. Cuts in supplementary pensions with a unification of Funds.

Yesterday’s Eurogroup charged the government with carrying out an additional 12 prerequisite measures to receive the loan tranche of 8.3 billion euros which, additionally, will be given in parts. THe majority of the measure will be decisive blows to the struggling sections of society.
The Eurogroup President left open the issue of a new loan, postponing the issue until after the elections. 

TA NEA

Greece comes back: A green light for growth

A celebratory Eurogroup for the disbursement of the next loan tranche and a vote of confidence in the Greek economy

Before the elections a return to the market with the blessing of Greece’s partners and the support of international investors

Yesterday’s Eurogroup gave a green light for the disbursement of 8.3 billion euros while unrestrained satisfaction over the progress of the Greek economy was expressed by the German Finance Minister Wolfgang Schauble as well as the Eurogroup President Jeroen Dijsselbloem. The positive developments create favourable conditions for the return of the country to the international markets, following German Chancellor Angela Merkel’s visit to Athens on the 11th of April. 

NAFTEMPORIKI

Listed companies remain in the red

Despite the indications from the middle of the year that 2013 would be a year that listed companies would begin to recover, the final data over growth for the entire year reversed the initial optimism, with the final result – excepting for the financial sector – being steadily negative at 1.3 billion euros. At the same time there was a reduction in turnovers. Specifically according to data collected by BETA S.A. for 221 companies, or 94 % of listed companies, in 2013 the total turnover fell to 71 billion euros from 74.8 billion euros in 2012. 

AVGI

Tortured to death

Ilya Kareli was beaten for 2.5 hours

14 correctional employees face prosecution over the torture that caused the death of the inmate who had murdered the prison guard at the Malandrinos prison. The Albanians are alleging the use of medieval methods torture following the post mortem. Albanian PM Berisha: ‘A heinous crime by the state’. The Hellenic League for Human Rights: The death of Ilya Kareli is a product of the culture where there is a lack of punishment [over state violence] to which the recent legal changes by the government will contribute.