The final round of negotiations with the creditors’ representatives is starting on Monday, with the aim to conclude the fourth review and reach a staff-level agreement by the Eurogroup of May 24th. On Wednesday, Greek Finance Minister Euclid Tsakalotos will meet with the Institutions’ heads, who will explore the potential of reaching an agreement.

The two sides are called to agree upon the implementation of 88 prerequisites and, according to information, they have already started preparing a draft of the staff-level agreement. The reform of public administration, the further liberalization in the markets of products and services, and the re-calculation of the Unified Property Ownership Tax (ENFIA) are the main controversial issues. Digital Policy Minister Nikos Pappas has stated that it is likely to re-negotiate cuts in pensions from 2019 and the reduction in the tax-free threshold from 2020, adding that after the program and based on the course of the financial affairs, any discussion is legitimate.


Translation: Eleni Gogou