Global deal in April ruled out as labour reforms prove biggest obstacle

EconomyProgramme Tags: Eurogroup, IMF, Labour, Privatisations, Reforms
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Speaking to Parliament’s Economic Affairs Committee, Finance Minister Euclid Tsakalotos said on Thursday that the agreement with the institutions would be difficult but would also have “positive surprises,” which could pave the way for QE from the European Central Bank and lead to sustained growth.

Tsakalotos said that teleconferences between the technical delegations were held on Wednesday and Thursday to discuss pension and tax measures as well as the counter-measures. He may also hold a conference call with the institutions’ mission chiefs on F...

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