Germany or the relaxation of aid Xi conditions
Reported that Samaras will be the European Commission, European Central Bank and the International Monetary Fund Organization (IMF) "troika" to publish the assessment report for the country's economy and the implementation of the assistance agreement in September, October 8 on the 9th during the EU summit, formally proposed to extend the application of the austerity plan period.
Prior to the "Financial Times" has reported that, Greece is seeking the assistance agreement austerity program to extend for two years to 2016. Agreement, Greece needs to reduce the expenditure of 11.5 billion euros in 2013 and 2014. The Greek government hopes that four years in 2016 to achieve the reduction targets, and a year to cut the budget deficit accounted for a proportion of gross domestic product (GDP), from the current aid agreement calls for 2.5% to 1.5%.
Greek Ministry of Finance officials on the 17th, the country has ? 11.5 billion austerity program of ? 10.8 billion austerity measures, expected fiscal tightening will be primarily through reductions in public sector wages, pensions and job cuts to achieve. In addition, as of the end of July, the Greek government debt amounted to 303.5 billion euros, a record new high.
According to the German "Der Spiegel" reported that German Foreign Minister Westerwelle hinted that Germany is ready to give Greece more time to reach the objectives of the reform, "but it is clear that aid Greece agreement impossible substantive change.
Nevertheless, for the viability of Greece in the euro area, some euro area member states still hold more pessimistic reservations. Austrian Foreign Minister Spinney De Lege, 17, said that the need to create ways expelled from some member states, forced unable to meet the commitment of member states to leave the euro zone. Finnish Foreign Minister Tuomioja said that the euro zone is still required to prepare for the euro area to the disintegration of the risk, the Government of Finland has prepared a response plan.
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