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Negotiations on Greek Bailout to Begin Once Prior Actions are Passed, Gov't says

Olga GerovasiliNegotiations between Greece and the institutions will begin as soon as Parliament votes for the prior actions demanded by Greece’s creditors and will run until August 20, Greek government spokeswoman Olga Gerovasili said. She said these prior actions will not include the changes in taxation for farmers.
The prior actions demanded of Greece in the July 12 agreement between Eurozone leaders, in order for negotiations to begin, are the changes to the VAT and the pension systems, full independence for the Greek statistical authority ELSTAT and full implementation of the Treaty on Stability, Coordination and Governance in the framework of EMU. With the exception of the pension reforms, which have been postponed until later with the agreement of the institutions, the measures were all passed by Parliament on July 15, Gerovasili pointed out.
Eurozone leaders also called for the adoption of the Code for Civil Procedure and transposition of the Bank Recovery and Resolution Directive (BRRD) into national law, which will be voted in Parliament on Wednesday, she added.
“The government wishes to make it clear that none of the above prior actions concerns the change in the taxation regime for farmers. Rumors that this will these measures will supposedly be passed in early August have absolutely no basis,” she said.
(source: ana-mpa)

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