Greece: Ok Eurogroup IMF reforms list to be expanded – AGI – Agenzia Journalistic Italy

18:46 February 24, 2015

(AGI) – Brussels, February 24 – L ‘ Eurogroup gave green to proceed with the reform plan presented by the Greece last night, but also appealed to the authorities’ Greek ’cause “further develop and broaden the list of reform measures, on the basis of existing agreements,” it said in a statement released by the Eurogroup after a teleconference of finance ministers of the euro zone.
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“We agreed to go along with the national procedures with the goal of reaching a final decision on the extension of up to four months’ program of financial aid to Greece, says the Eurogroup. The note states but ‘also that the list of reforms presented by Athens’ will’ further specified, and therefore will be ‘agreed with the institutions with more’ by the end of April. ” The note concludes with an appeal to the authorities ‘Greek so that’ broaden the list of measures in the pipeline “in order to reach an early and successful conclusion” of the aid program.

Lagarde , ok letter Athens but unclear on reforms The number one of the IMF, Christine Lagarde, in a letter to the President of the Eurogroup, Jeroen Dijsselbloem, argues that the letter with the commitments of Athens and ‘sufficient to enable the country to receive the aid, but on some reforms “does not provide sufficient detail.” In particular, the positive Lagarde believes the commitment of Athens “on the fight against tax evasion es corruption”, but also expressed some reservations. “In some areas – writes Lagarde – including some of the most ‘important, the letter does not contain sufficient assurances about the reforms that the government intends to pursue.” In particular on privatization, VAT, pensions, liberalization and labor reform.

Merkel asks CDU to support aid to Greece The German chancellor, Angela Merkel called to the members of his party to vote in Parliament on Friday ‘, the extension of aid to Greece. However, the Chancellor, as reported by a parliamentarian present at the meeting, then stated that negotiations are continuing with Athens. “The work is not ‘yet concluded.”

Dragons, from Athens valid starting point The letter of Athens Eurogroup is a “good starting point for a successful conclusion of the review “of the program. Supports the ECB president, Mario Draghi, in a letter to the Eurogroup, which states that “the commitments outlined by the authorities’ differ from the commitments of the current program in certain areas.”
“Given the very limited time available “says Draghi, not ‘been possible for Athens” develop concrete proposals and commitments on growth, public finance and established’ financial.
This and ‘understandable’. However “the commitments outlined by the authorities’ differ from the commitments of the program in some areas” and then “during the review we will assess whether the measures that are not acceptable measures can be replaced with the same or better in order to achieve the objectives of the program “.