Saturday, February 21, 2015

The Greek government: although the agreement is still a long way to go with … – Pulse of Business

The Greek government: although the agreement is still a long way to go with … – Pulse of Business

Much needs to be done to Greece emerge from the crisis and stood on their feet; “We won the battle but not the war. We still are difficulties,” – said in the issued Cipras Saturday television interview.

When conducting negotiations in Brussels Friday from euro zone countries Greece managed to prevent plans “conservative forces “at home and abroad, who wanted to” strangle Greece “too radical reforms – the head of government in Athens.

Included with eurostrefą preliminary agreement opens the way for necessary reforms, such as the fight against evasion of taxes or corruption. Greeks are aware that in front of them is still “a long and difficult road” – rated Cipras. He added that the talks with the euro area are now entering stage on growth and employment.

On Saturday Cipras is to meet with selected ministers to discuss the agreement Friday.

Greece and the other euro area countries agreed on Friday that the financial assistance program for Athens will be extended by four months, ie. the end of June, under the condition that the country undertakes to reform.

Until Monday, the Greek Government is expected to present the first list of reforms, which will be assessed by the supervising implementation of the program (European Commission, IMF, ECB). The end of April the list is to be supplemented and clarified. Only positive evaluation of the implementation of the settlement by Greece will allow for the payment of delinquent support payments from the European Financial Stability Fund.

Greece is committed, too, that does not take a unilateral decision, which would mean a withdrawal from already agreed reforms and negatively impacted on the situation financial, economic recovery and fiscal sustainability. Assistance program for Greece, which saved it from bankruptcy, was to expire on February 28.

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