Greece, creditors agree on key elements of reform package
Eurogroup President Jeroen Dijsselbloem
Valletta - Arab today
Greece and its euro zone creditors Friday reached an agreement on key elements of a reform package, which will enable the release of new loans to the debt-ladden country, said Eurogroup President Jeroen Dijsselbloem in the Eurogroup meeting held in Malta on Friday.
"We had intensified talks to, first of all, reach an agreement between the institutions and the Greek government on the key elements, the overarching elements, of the policy package," said the Eurogroup president.
The reform package includes measures involving 2 percent of gross domestic product (GDP), with 1 percent in 2019 mainly based on pensions and the other 1 percent in 2020 mainly based on personal income tax.
The Greek authorities have been invited to reach a full Staff Level Agreement as soon as possible.
Once the full Staff Level Agreement is achieved, the Eurogroup will come back to the issue of the medium-term fiscal path for the post-program period and debt sustainability, in order to reach that overall political agreement.
"The big blocks have now been sorted out and that should allow us to speed up and go for the final stretch," said Dijsselbloem.
Source: Xinhua
- Sunday ,16 April GMT 15:59 2017 Major rescue operation in Central Mediterranean saves over 1500 migrants
- Saturday ,25 March GMT 13:32 2017 Austrian FM criticizes "NGO madness" in Mediterranean migrant crisis
- Saturday ,11 February GMT 17:49 2017 UN refugee agency welcomes commitments of Senior Officials' Meeting on Migration in Valetta
- Saturday ,11 February GMT 09:44 2017 UN refugee agency welcomes commitments of Senior Officials' Meeting on Migration in Valetta
GMT 20:16 2017 Friday ,28 April
Restored UNESCO World Heritage site inaugurated in MaltaGMT 15:59 2017 Sunday ,16 April
Major rescue operation in Central Mediterranean saves over 1500 migrantsGMT 13:32 2017 Saturday ,25 March
Austrian FM criticizes "NGO madness" in Mediterranean migrant crisisGMT 17:49 2017 Saturday ,11 February
UN refugee agency welcomes commitments of Senior Officials' Meeting on Migration in ValettaGMT 09:44 2017 Saturday ,11 February
UN refugee agency welcomes commitments of Senior Officials' Meeting on Migration in ValettaRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 11:24 2018 Friday ,14 December
Turkey will enter Syria’s Manbij if US doesn’t remove YPG fighters
GMT 04:51 2014 Sunday ,28 September
China largest car consumer and producer in the world
GMT 09:51 2019 Monday ,19 August
Live a frustrating atmosphere in your career
GMT 01:00 2015 Saturday ,29 August
Moscow not going to pull chestnuts out of fire for anyone
GMT 18:36 2017 Friday ,28 July
Two Syrian soldiers killed in fightGMT 11:46 2012 Tuesday ,24 April
The Hollywood Sign by Leo Braudy
GMT 12:55 2015 Tuesday ,17 March
7 best foods to eat before an important meeting
GMT 05:36 2015 Saturday ,14 March
11,000 Afghan students studying in Iran's Academic Centres
GMT 17:19 2014 Monday ,04 August
Moscow Duma candidates to draw lots for TV debate air time
GMT 14:31 2017 Tuesday ,10 October
Foreign minister receives former UK Premier
GMT 06:26 2017 Monday ,03 July
Philippines says bodies of beheaded civilians found in rebel-held town
GMT 17:22 2012 Thursday ,26 January
Thales teams with Steyr Mannlicher
GMT 00:44 2017 Sunday ,08 January
Where to get insurance cover for domestic workers
GMT 12:41 2013 Saturday ,24 August
Egyptian tourism minister visits Hurghada
GMT 14:26 2018 Wednesday ,12 December
Canada standing on the wrong side of history
GMT 12:45 2018 Tuesday ,11 December
French Minister refuses to present award to Palestinian NGO
GMT 16:13 2018 Tuesday ,20 November
Eurasian Economic Commission, Thailand sign memorandum on cooperation
GMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rate
GMT 07:18 2018 Wednesday ,17 October
Tensions high as Indian temple opens to womenGMT 05:18 2012 Friday ,02 November
Freddie Starr bailed in Britain\'s Savile abuse probe
GMT 11:39 2018 Thursday ,04 October
Amr Diab, Marshmello team up on new song
GMT 14:52 2016 Thursday ,20 October
Saudi Ministry of Justice signs strategic deal with Nexthink
GMT 14:13 2016 Monday ,17 October
dnata selects Avaya to provide cloud servicesGMT 12:07 2011 Friday ,05 August
Hardy wins US 100m breaststroke titleGMT 19:07 2012 Tuesday ,28 February
Radio head shot dead in MogadishuGMT 04:13 2013 Thursday ,28 March
Warming bringing longer Antarctic melting
GMT 15:23 2014 Wednesday ,24 September
Polish miners block Russian coal train
GMT 08:47 2013 Wednesday ,12 June
Syrian residents returning to battered Qusayr
GMT 06:43 2013 Monday ,11 November
Hyundai models shine at Dubai motor showGMT 13:24 2012 Tuesday ,14 August
Maamoul cookies with pistachio and walnuts recipe
GMT 14:42 2014 Wednesday ,02 April
\'Godfather\' of house music Frankie Knuckles dead at 59
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor