三驾马车与希腊达成临时救助协议

Greece looks ready to get its next installment of bailout money. It’s managed to convince the Troika that its economic reforms are on track.

The IMF, the ECB, the Commission had reached a deal with Greece on a set of controversial cuts and reforms, now paves the way for Euro Zone finance ministers to approve the next payment of around $10.4 billion.

The Troika get warned that Greece was behind in some areas and the economic outlook was uncertain. The situation is so flawed that the mayor of Athens was assaulted on Sunday outside a meeting where cuts were being discussed.

Elinda Labropoulou is in the Greek capital and joins us this evening. Elinda, well, here we go again? The Greek, the Greek, their government gets their money; the Troika has probably turned a blind eye to things that maybe they shouldn’t have done. But the fact is nobody is going to say whether or not, this is well and truly off track or not.

Well, you are absolutely right about that. This is a situation that we have seen a number of times before.

But it seems that right now it’s not the time to upset these balances. We have seen a lot of instability in the overall region. We have seen also a lot of instability in the neighboring Portugal. So in that sense it seems that the Troika really now wants to keep tones much lower; it wants to help Greece, if you like, to try and push these reforms through.

But those are very difficult reforms to push through, simply because it’s something that Greece has done on a number of occasions, and things are just getting tougher and tougher all the time.

The unions are back on the streets, people are mobilizing. And what the Greek government hasn’t managed to do until now for years effectively until now, the cuts in the civil sector are once again coming up on the agenda. So what Greece is gonna trying and do, is look, looking at very tough reforms in a very short phase of time.

Ahead of it, most of it has to do with mobility putting people in labor reserve and effectively having to fire thousands of people. In the civil sector, it’s looking at privatization that has still not been completed. The number of these deals have fallen through. It’s also looking at cuts in the Health sector, so a very difficult time ahead for Greece.