NEWS

Greek FinMin optimistic over negotiations with troika

Greek FinMin optimistic over negotiations with troika

Greek Finance Minister Gikas Hardouvelis on Sunday expressed his confidence that negotiations with the troika will soon reach a positive outcome.

Speaking in Parliament, during a debate on the 2015 budget, Hardouvelis said: "These days are the days of most intense negotiations with our partners to close the last assessment of the memorandum. They are more complex than in the past. The procedure is more complex because in 2015 Greece will enter a new relation with our partners and the IMF. This new, looser relation will need bureaucratic procedures, parliamentary approvals, etc. I believe that all sides share the view that following position and opposition synthesis comes and that the negotiation will soon come to a positive outcome".

The Finance minister, in his speech, noted that Greece's participation in the European Union meant privileges but obligations as well. "The problems brought by the crisis will not be resolved with ideological obsessions. We must realize that we are all in the same boat and act without tensions," he said, adding that the "crucial issue for growth from now on, is to continue our reform program the day after the end of the memorandum. The new program will be imposed by our partners –instead we choose to implement it because it is the only road to growth". Hardouvelis said that more reforms will be needed, painful for certain groups, but they will not roll over the problems to the next generations, for which we must ensure that will have life cycles greater than election (cycles)".

"Can the opposition commit to the need to continue reforms? Can all political parties contribute in adopting and promoting reforms, or just hide behind pre-election offers?" Hardouvelis said.