×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
14
Dec 2025
weather symbol
Athens 14°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek govt’s list of reforms ready on Tuesday, waiting with bated breath

Greece is submitting a list of proposed reforms to its debt inspectors on Tuesday morning to get final approval for an extension to its rescue loans

Newsroom February 24 07:33

The Greek government is getting its list of proposed reforms ready to present to its creditors on Tuesday morning after it was tentatively agreed on Friday to extend the country’s rescue loans by four months. An effort is being made to create an amalgam of budget measures aimed at keeping a lid on debts and improving the economy while also dealing with the humanitarian crisis caused as a result of the austerity program. Internal rifts have opened up within the Radical Left Coalition (SYRIZA) leadership regarding the government’s buckling to the demands of international creditors so that a fiscal deficit can be avoided.

Finance Minister Yanis Varoufakis will submit the list to representatives of international institutions, namely European Economic and Monetary Affairs Commissioner Pierre Moscovici, European Central Bank Chief Mario Draghi and International Monetary Fund Head Christine Lagard. The Eurogroup had set a deadline on Monday for the economic reforms plan to be finalized, however Greece was still putting the finishing touches on its measures while working closely with its Eurozone partners when drawing up its list. An official said that the list would be submitted on Tuesday morning.

WAIT

>Related articles

Shops are open today, the market is open during festive hours

Double relief arrangement offers a breather for thousands of professionals and households: An end to “hostage-taking” by debt

Autonomous: Recommendations and price targets for Greek banks in 2026

The new plan includes a number of concessions to the Eurozone, causing internal conflict within SYRIZA. The government has stressed that the reforms would at least be decided by Greeks rather than be dictated by foreign creditors that had been the case since 2010. The new reforms are expected to include a clamp down on tax evasion, the settling of overdue debts, dealing with smuggling and corruption. The public sector is expected to be overhauled in an effort to cut red tape. The humanitarian measures announced during the Thessaloniki trade fair would also be included. These envisage relief measures such as free electricity and meals for the poor as well as the protection of people with mortgage arrears.

Prominent SYRIZA members have been skeptical of the government’s list. They believe that the government should honor its pre-election campaign promises.

If all goes well, the green light for Greece to proceed could be given during a teleconference of finance ministers on Tuesday night. If there are objections, especially from the German side that is the largest contributor to Greece’s two bailouts totaling 240 bln euros, then Greece will enter a new cycle of harsh negotiations with its EU partners.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Shops are open today, the market is open during festive hours

December 14, 2025

Sunday Sports Broadcasts: Where to watch the tests of the Super League’s Big Four

December 14, 2025

Moments of terror at Brown University after the shootings: Police evacuated students who had hidden

December 14, 2025

The redevelopment of Ellinikon prioritizes the extension of the Metro toward Glyfada – New extensions to follow

December 14, 2025

Farmers to submit their demands today after saying no to Monday’s meeting – Mitsotakis’ response expected

December 14, 2025

The 15 from Crete before the European Public Prosecutor’s Office over OPEKEPE subsidies: They arrived under draconian security measures

December 14, 2025

Shooting at Brown University: Ongoing incident, suspect sought

December 13, 2025

These are the farmers’ demands: They are escalating their mobilizations despite the government’s call for dialogue with the roads kept open

December 13, 2025
All News

> World

Moments of terror at Brown University after the shootings: Police evacuated students who had hidden

Terrified students hide among the shelves as repeated loud bangs are heard — Two dead and eight seriously injured in the attack

December 14, 2025

Shooting at Brown University: Ongoing incident, suspect sought

December 13, 2025

The moment a Russian drone strikes a Turkish ship in the port of Odesa – Watch video

December 12, 2025

The “crypto king” Do Kwon sentenced to 15 years in prison for $40 billion fraud

December 12, 2025

Anxiety over three Greeks arrested for 194 cartridges in North Macedonia – Detained for 15 days

December 12, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα