Greek debt relief to be discussed at Euro Working Group meeting

11:40 23/4/2014 - Πηγή: Matrix24

The Finance ministry is expected to raise the issue of launching the debate over the Greek debt relief, even on a technical level, during the Euro Working Group meeting on Thursday

in Brussels, according to sources.

The government considers that the circumstances are favourable for Greece, as the meeting will be held a day after the ratification of the 2013 primary surplus (seen at 3.4 billion euros, according to the Eurostat or 1.5 billion euros, according to the troika) by Eurostat.

The Euro Working Group will also prepare the agenda for the Eurogroup on May 5, during which Finance Minister Yannis Stournaras is expected to make a political intervention on the issue of debt relief based on the decision of the Eurogroup on November 27, 2012, given that the government considers that Greece meets all the conditions to start the debate on the debt such as meeting 90 percent of the targets of the programme.

Besides, according to government officials, the approval by the Euro Working Group of the 6.3 billion euro tranche to Greece will certify that the country has met around 90 percent of the targets.

During the Euro Working Group, the Greek side is also expected to present a four-page memo on the main issues of the development plan for the Greek economy, which was finalized on Tuesday.

source: ΑΜΝΑ