×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
27
Dec 2025
weather symbol
Athens 9°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Key points of Athens' proposal for Eurogroup on Wed.

Yanis, Athens reloaded? 'We agree with 70% of bailout program'

Newsroom February 9 07:07

According to reports, these will be the main points in FinMin Yanis Varoufakis’ proposal to eurozone partners, to be presented Wednesday during a crucial Eurogroup meeting in Brussels:

A transitional deal until the end of August instead of late May (as originally planned) will be presented at the Eurogroup meeting on Wednesday, Feb. 11, by Athens.

 

Finance ministry sources also claimed that the Greek program will aim for a low primary budget surplus of 1.5% of GDP (just like in 2014). Moreover, Varoufakis himself on Monday said the leftist government agrees with 70% (!) of outstanding measures envisioned in the often vilified “memorandum”, whereas the rest of the 30% of reforms will be replaced by 10 different measures derived from Athens’ new proposals — focusing on growth and fairness, as the leftist government calls them.

 

The Greek proposal will also include “10 surprise-reforms”, which will be presented at the Eurogroup. Athens originally planned a transitional deal to carry it to the end of May, but it was decided that the deal should, instead, be implemented until the end of summer. Last week such a deal was dubbed a “bridge”.

 

In a nutshell, here are the main axes of Athens’ proposal:

 

1) A Transitional program until September which will include 70% implementation of memoradnum reforms, 30% replaced or cancelled.

 

2)A reduction in primary surplus goals. The Greek side won’t accept 3% of GDP as a primary surplus goal for 2015.

 

3)Debt settlement with bond swaps and T-bills, an idea supposedly looked on positively by the ECB

>Related articles

From Hellenikon to OAKA, millions of investments in the sports real estate of Attica

How Greece is “closing” the loans of the first memorandum earlier

Where foreign investment firms set the bar for Greek equities in 2026

 

4)Measures on combating the ‘humanitarian crisis’, a leitmotif of leftist SYRIZA campaign language, namely, giving genuinely needy people free power (up to a point), food deliveries etc.

 

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

Glasgow hospital launches investigation after wrong body cremated

December 27, 2025

Division in the united front of farmers: Which blockades call for a dialogue with the government, and what trade unionists say

December 27, 2025

February 8, 1949: The recapture of Karpenisi by the Greek army

December 27, 2025

When French television showed Greek transitional wear: Saleas’ surprise to Aliaga and Lara Fabian’s song in Greek – See photos

December 27, 2025

Helena Christensen turns 57 and takes a dip in icy waters

December 27, 2025

Vehicle collision on Japan’s Kanetsu expressway leaves one dead, 26 injured

December 27, 2025

US call for restraint amid tensions between Saudi Arabia and the UAE in Yemen

December 27, 2025

From Hellenikon to OAKA, millions of investments in the sports real estate of Attica

December 27, 2025
All News

> Greece

Division in the united front of farmers: Which blockades call for a dialogue with the government, and what trade unionists say

Two lines after meetings in Epanomi and Nikaia: one appears conciliatory and proposes that the farmers go into dialogue with the government, the other is in favour of escalating the mobilisations, especially after the holidays

December 27, 2025

February 8, 1949: The recapture of Karpenisi by the Greek army

December 27, 2025

When French television showed Greek transitional wear: Saleas’ surprise to Aliaga and Lara Fabian’s song in Greek – See photos

December 27, 2025

Over 240 offences were recorded for drivers who had consumed alcohol

December 27, 2025

Holiday hours: Shops open today and tomorrow, and how they will operate until New Year’s Eve

December 27, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα