A group of experts from Troika (EU Commission, European Central Bank and International Monetary Fund) on Friday completed its round of meetings with government ministers; as part of a regular inspection of the Greek economy in the framework of the memorandum.
The experts will present their first report to Greek Finance Minister George Papakonstantinou on Monday, while a progress report was expected to be drafted next week and to be sent to Brussels, Frankfurt and Washington for approving a second tranche of a loan agreement at a worth of 9.0 billion euros.
Speaking to reporters after the meeting, a top Finance Ministry official stated that the government informed Troika experts that execution of the state budget is progressing as scheduled and that any risks have been identified. The next steps of reforms in the Greek economy will focus on restructuring the regional and municipal landscape in the country (Kallikratis project), restructuring Hellenic Railways Organisation and deregulating so-called “closed” professions. The official said that the government would present a draft bill on deregulation of closed professions and noted that the implementation of the memorandum needed an updating of commitments and not the addition of new issues.
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