Athens, Greece (ap)-Greece will look to persuade international creditors said on Tuesday, and the future of the relief, in order to prevent the loan from the messy default payment next month.
Greek finance minister WeiNi ze Ross is Evans from the European commission, and the international monetary fund and the European central bank's referred to as "three carriages, officials at the conference in the evening to persuade their countries will meet the strict budget targets, in the rescue of return money. Promise
The market is quite promising, Greece will of not doing enough, receive the money, and avoid might be in turmoil, the European banking system default. In Europe and the stock price of the euro is higher, regardless of the Italian credit rating cut standard &poor's latest relegation.
Since May 2010, Greece has been dependent on from other eurozone countries euro110 $($15 billion) of aid and the international monetary fund to continue its debt service and pay salary and pension. Not in the next article, worth one hundred million yuan, the only euro8 with enough money, by the middle of October.
Funds has been in September, but is expected to the country's creditors said, not the early October to decide whether to give money.
WeiNi ze Ross and Monday night between the three carriages of the first TV conference call "productive and substantial," the Treasury said. From three institute of technology's team work details Tuesday morning, the second call on Tuesday night in advance.
Conference call WeiNi jersey ahead, Ross is to a parliamentary committee meeting of the board of directors says departure of institutions in 2009 budget deficit after the members of the digital Greek statistical administration director, has subpoenaed witness people to play was mistaken, exaggerated the annual number. To claim a judicial inquiry has started.
Pause to fulfill its promise earlier this month from the international monetary fund and the European central bank and the European commission to review, their inspector quarter of the country, missed the reform progress of the goals and delay implementation of conversation.
The government in a hurry announced a additional property tax-in 2011 and 2012 by the collection and charge power, making it easier to collect. But the news is from a pay cut and meet recession already reeling from a public outcry. State power company Labour union had threatened to refuse to collect tax bill through, and to prevent those who do not pay the power cut off.
The socialist government has adopted a series of tightening measures to reduce public sector wages, pensions and and issued a series of tax increases. These measures have led to protests from trade union, the strike and the response of the strong dissatisfaction.
Civil servants plan in Athens on Tuesday rally later, and about 250 high school students can also through the downtown protesting the state school textbooks and other supplies are scarce.
But the effort, so far, has been proved insufficient to deal with the country's serious debt crisis, have disturbed the euro and the threat of other eurozone countries. In July, European countries agreed to extend the second relief, worth $, euro109 to Greece. However, the second a package of aid programs, including voluntary bonds, still to be flipped over details formulated.
On Monday, in Greece, Bob TRAA, the international monetary fund representatives urged the government to speed up the reform, and avoid further structural emergency tax, said Greece needs, speed up the reform of tax collection administration and reduce the size of the public sector overmanned.
In addition, on Tuesday 13 weeks Treasury auction, Athens euro1.625 proposed $($222 million), than a similar sales slightly higher interest rates, last month.
The bill already sold out, yields 4.56%, more of August 16, auction, to 4.50%. Demand also declined slightly, sales of 2.84 times oversubscribed, 2.95 times than in August. Athens had been looking for improving euro1.25 $($171 million).
Its long-term debt (such as bonds) requirement interest rates have surprisingly high, because last year, basically lock in the international market out of the country.
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