Greece and its international lenders to resume negotiations unlock 8.1 one billion euros (1,050 billion) bailout loan, closed on Monday two weeks of launch-related government bailout almost collapsed on national television ERT.
Greek officials including Prime Minister Antonis Samaras (Antonis Samaras) have said they hope the successful conclusion of the talks, despite the country's privatization program, and in the public sector reform delays setbacks.
The stakes are high. If negotiations fail, International Monetary Fund (IMF) bailout of Greece may have to quit in order to avoid violating the rules of its own funds. Athens also needs cash redemptions of approximately 220 million euros in bonds in August.
Installment is the last representative of a large cash injection of Athens in 2014 according to expire at the end of its 240 billion euro bailout.
Finance Minister Yannis Stournaras will have his first meeting, on behalf of the European Union, the European Central Bank and the International Monetary Fund (IMF), also known as the "troika" in the EDT 10:00.
Samaras hopes to be released by the end of the funds quickly to wrap up the talks. He appointed two zealous reformer, 基里亚科斯米 Zuotajisi and 阿多尼斯乔治 Edith, in a cabinet reshuffle last week to promote the reform of key ministries, civil administration and health.
"Lenders will give us trouble, but better than the previous comment," a government aide told reporters on Sunday.
Missing the target
Government plans to gas company DEPA failed to find a buyer, the request of creditors reduce this year's 2.6 billions of euros privatization goals. [ID: nL5N0EN16J]
Athens also missed the deadline in June put 12,500 into a so-called "liquidity plan SOE workers" within a year they are transferred or dismissed.
More than 100 million euros of funding gap has emerged in the state-run health insurance companies EOPYY, which means that automatic spending cuts may have to agree to put it in a stable.
Athens and the troika is unwelcome in a dispute over property taxes, restaurant taxes may be reduced.
Samaras has ruled out new austerity measures taken after losing a combined ERT crisis partner most of his shrinking to only three votes in the 300-seat parliament.
More measures will not get past the parliament, analysts and lawmakers say, four years later to the deepest recession in peacetime, the unemployment rate reached a record 27% dip Greek austerity.
The economic crisis has also boosted support anti-bailout parties, such as the far-right Golden Dawn.
According to Greek officials, the state has enough spare cash to offset any short-term bailout delays.
Thanks to tight spending budget deficit smaller than expected January-May to about 300 million euros, Stournaras said last week that the country has left the money in the bank rescue fund HFSF.
But even if you clear the ongoing review of the troika, Greece will need extra help, standing on their feet after the current rescue plan, expires at the end of 2014.
According to the provisional for the 2015-2016 EU / International Monetary Fund (IMF) estimates that Greece must blockage around ? 400 million funding gap of up to $ 950 million budget shortfall. These estimates are to be updated later this year.
Eurozone has promised to shave off part of Greece's debt to long-term sustainable development. But it is unclear how much debt will be written off, and how.
Other News:
Greece, lenders resume talks on 8.1 billion euro bailout tranche
Deadly fire engulfed Arizona firefighters in seconds
Obama urges Africa to follow spirit of Nelson Mandela
Millions flood Egypt's streets to demand Mursi quit
Egypt Army Issues Ultimatum
Britain turns to Canada for its new banking chief
Egypt's military issues 48-hour ultimatum
Kerry squeezes in more talks at end of Mideast mission