The Athens Stock Exchange welcomes the . An agreement in principle that allowed the Greek market to jump by nearly 10%.
The radical left government waives, for the moment, to raise the minimum wage or stop the ongoing privatization. His priority is to improve tax collection and the fight against corruption to bail out the state coffers. "This is not an agreement on austerity measures. This is the essence of our political lines with some objections in the timing of their application, "insists the Greek Interior Minister Nikos Voutsis.
If Greece's creditors agree to extend financial assistance, they condition the next installment in action. Some, including the Vice-President of the European Commission, consider that the Greek program is too vague. "It is important that the Greek government is working seriously on this issue to ensure financial stability and to counter some negative trends such as we have already seen in recent months, with capital flight," said Valdis Dombrovkis .
The green light yesterday in Greece is only the beginning. The negotiations will be very tense between Athens and its creditors.
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