The finance team are keeping their cards down for the time being even though
they have prepared a list of measures that they will hand to troika if need be.
Initially the minister seeks to convince of his desire for measures without specifying them. The government wants to bring in the dance the other political parties deeming as necessary the need of a road map for the course of decrease of the state debt by 11-12bil euros in three years. However, it avoids mentioning specific measures while it will attempt to open a fruitful discussion with social bodies and political parties.
At any case, a multi-fronted fight and thin balances with our debtors, will judge the fate of the total rescue package and the new measures.
The government is receiving more and more pressure to abide to the memorandum terms and the president of ECB Jean Claude Trichet said at the European Parliament: "Implement the Program. This is the message we send to the Greek government."
The government from its side is betting a lot on the creation of the new European Support Fund to achieve an extension of the repayment period, decrease of interest rates and new loans to our country.
All these are getting opposition from the stance of Germany and its proposal for competitiveness and constitutional clause for prohibiting the establishment of debt and deficits, which the government will attempt to take off of the agenda in the 45hrs left for the decisions that will be taken by the European leaders in the Summit on the 25th of March.
by Kostis Pantzios
source: Proto Thema
