×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
21
Mar 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Varoufakis’ new list of measures until June

The government is balancing on a tightrope

Newsroom February 21 10:01

The agreement reached on Friday’s Eurogroup has extended the hopes (and maybe the worries) of the country until the end of April. The next huge step for the government in order to avoid losing the tightrope it balances on is to get the “ok” by the Troika as well as from half a dozen national parliaments (including the Greek one), after tabling the new form with new proposed measures.

 

When Yanis Varoufakis returns to Athens on Saturday night, he and his team will put together the table with the new measures the government will be proposing for the duration of the transitional, “bridge” deal. For the first time, the government will be presenting fully detailed costs of the measures, as the partners requested.

 

The measures which will be sent, will probably take up the better part of 3 pages, will have to be verified by the ECB and the IMF and discussed by the Eurogroup teleconference on Tuesday. If it is accepted, Greece will not lose its protective “umbrella”, while the ECB will consider that the country is in a program, as such continuing to purchase Greek T-Bills in order to avoid a bankrun and fund ATMs.

 

Thus, the measures that the Greek government will take will be vital, since it has vowed not to create a black hole in the budget.

 

The measures will have to prove that for at least 4 months it will be able to cover  (or have greater income) from the following:

>Related articles

The U.S. lifts certain sanctions on Iranian oil for 30 days

Increase of 11.7% in cruise ship arrivals at Greek ports in 2025

First clouds from the Middle East war – Bank of Greece lowers growth forecast to 1.9% for 2026

 

  1. Debt settlements
  2. Combatting tax evasion and tax fraud
  3. Protecting the primary residence of citizens
  4. Rehiring 5,500 public employees
  5. A new real estate tax
  6. Privatization of airports

 

Even if Varoufakis’ new “catalogue” is confirmed by parliaments, money will not start rolling in until after April, and after the lenders have judged them able to stand up to the commitments undertaken by the government.

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

Dimas: The government is implementing one of the largest project programs; resources of €2.36 billion are planned for 2026

March 21, 2026

Tsagkarakis before the prosecutor right now; only 7 out of the 300 works in his possession are authentic – amphorae and Byzantine icons under scrutiny

March 21, 2026

US prepares ground intervention in Iran, CBS says – Iran launched ballistic missiles at Diego Garcia base (Update)

March 21, 2026

Weather: Wintery conditions continue over the weekend, forecast for March 25

March 21, 2026

They had reported Tsagkarakis for fake artworks, over €200,000 in cash found in his gallery

March 21, 2026

The U.S. lifts certain sanctions on Iranian oil for 30 days

March 21, 2026

Return of 9 ancient vases to Greece from Budapest, see photos

March 21, 2026

Tzitzikostas: All actions to close the Strait of Hormuz must stop

March 20, 2026
All News

> Economy

The U.S. lifts certain sanctions on Iranian oil for 30 days

The temporary lifting of sanctions applies only to Iranian oil already on ships, said U.S. Treasury Secretary Scott Bessent

March 21, 2026

Increase of 11.7% in cruise ship arrivals at Greek ports in 2025

March 20, 2026

First clouds from the Middle East war – Bank of Greece lowers growth forecast to 1.9% for 2026

March 20, 2026

ONEX-Hanwha Ocean strategic agreement for shipbuilding cooperation focusing on Greece

March 19, 2026

Airlines sound the alarm: Ticket prices set to jump due to rising fuel costs

March 19, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα