Development and Competitiveness Minister Nikos Dendias will meet with representatives of Troika today at 11:00 a.m.

The agenda includes about twenty items, while the most important is the legislative framework for ‘red’ business loans and outstanding loans without pay arrangements.

They will also discuss the businesses’ issues of viability which will determine whether they can come under a favourable regulation being drawn up by the ministry.

According to sources, the criteria for such a classification will be based on turnover, gross earnings and activity object for the smaller businesses, while banks will determine the criteria for larger businesses.

Ministry sources estimate that there will be no problems regarding the negotiations, since Troika agreed in principle to a unified regulation for all outstanding obligations by Greek businesses to the state and the banks.

The Troika has requested an evaluation report from the General Accounting Office about the financial fallout of such a regulation on the economy and the state budget.