The end of the troika might be one of the desire of Greeks, says the newspaper Frankfurter Allgemeine, while commenting that the creditors continually postpone an effective solution to the Greek debt.

The journalist says that at the end of the year the aid program under the auspices of the European Financial Stability Facility (EFSF) ends and it is still unknown whether Greece will need additional financial support and therefore a new aid program after 2015 will be necessary.

For the future financing needs of Greece the article mentions: “For political reasons, the Greek government wants to avoid at all costs a future financial program, which would bring new measures”.

“Obviously Finance Minister Gikas Hardouvelis continues to believe that the about 11 billion euros that had been included in the old programme for rescuing the banks can used for budget consolidation. Brussels does not think that this is something that can be done. Not only because the redistribution of funds would pose some legal problems. But also because it is considered very likely that the money will eventually be used for the purpose for which they were given, since the upcoming stress tests on Greek banks may reveal new capital needs.”

The article also refers extensively to the efforts made to find a more permanent solution to the problem of the Greek debt. It is also noted that Prime Minister Antonis Samaras pushes for a more “gentle treatment” arguing that “a state of political uncertainty in Greece could jeopardize the reforms that have been implemented so far”.

According to the analyst “the Greek government states that a primary surplus not only for 2013 but also for the first half of 2014 was achieved”. However, there is a scepticism as for the sustainability of this achievement: “The decisions taken in November 2012 were based on the assumption that the primary surplus of the country would reach 4.5% of national GDP each year. But the evidence we get today show about less than 2%. Moreover, Athens seems to forget that the primary surplus is only one of the prerequisites for further facilitations” Frankfurter Allgemeine notes suggesting that the “other prerequisite” would be the reform agenda.