Prime Minister Alexis Tsipras chaired a government meeting with his close aides to discuss the government’s planning for equitable growth in the aftermath of concluding the Greek program review. The new plan will be unveiled at an event at the Acropolis Museum on Thursday.
The strategy for the period after the review is three-pronged with a focus on growth, social policy and institutional reforms. There will be a change in the election law and the Constitution will be revised. The prime minister led a meeting that examined the reorganization of production and how financing tools afforded to Greece will be used (such as the Juncker package, EU funds, public investments program, developmental law, the developmental bank, Black Sea Trade and the Development Bank) to attract investments and support small- and medium-sized enterprises.
This week, a number of European parliaments will give the “green light” for the release of bailout funds. After the disbursement of the 7.5 billion euros, expected around June 20, Greece will be able to fulfill its debt obligations. Furthermore, the ECB is set to include Greece in its quantitative easing program.
On June 30, German Economic Affairs and Energy Minister Sigmar Gabriel will visit Greece with a delegation of businessmen to forge new deals.