Skip to main content

Govt tables amendments to meet creditors latest demands

The Greek government on Tuesday evening tabled a series of draft amendments in Parliament with the expressed intent of fulfilling the latest demands by creditors, mostly “open issues” left over from the first review of the Greek program at a Eurogroup meeting on May 24.

The amendments, if passed, will be included in already approved legislation, particularly a 5.4-billion-euro austerity package. Debate begins on Thursday, the same day a crucial ECB board of directors meetings takes place in Vienna.

The changes prescribed in the amendments deal with a monthly bonus paid out to low-income pensioners, a more liberal framework for non-performing loans and so-called “special wage scales” in the wider public sector.