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Athens Macedonian News Agency: News in English, 16-05-10

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Cabinet meeting to be held at 1 pm
  • [02] Main opposition lashes out at government on Eurogroup outcome

  • [01] Cabinet meeting to be held at 1 pm

    A cabinet meeting will be held on Tuesday in the wake of the positive outcome of the Eurogroup meeting.

    Prime Minister Alexis Tsipras will brief the ministers on the results of the Eurogroup.

    The meeting will take place at 13.00

    [02] Main opposition lashes out at government on Eurogroup outcome

    "The government is celebrating the fourth memorandum with new, painful and harsh measures imposed on the Greek people because of its failure," main opposition New Democracy said on Tuesday on the outcome of the Eurogroup.

    In a statement, New Democracy referred to the increase in indirect taxes that will have an impact on the standard of living, the cuts in salaries and the sale of operating and non-operating loans except for the housing loans for first residence.

    It also referred to the contingent mechanism that provides for salaries and pensions cuts in case targets are not met while the issue of debt is postponed to the end of the program, that is 2018, and the possibility of a debt haircut is ruled out.

    "These measures are harsh and at the same time ineffective," the statement concluded.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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