after surviving the recent motion of censure initiated by ... · eurostat edp report due for...
TRANSCRIPT
1
After surviving the recent motion of censure initiated by the main opposition party
Greecersquos coalition government is facing a number of important hurdles and
challenges in the period ahead stemming from a still-difficult domestic
socioeconomic environment and a particularly demanding round of negotiations
with the troika of official lenders Undoubtedly the road leading to the next EU
loan disbursement and the completion of the present program review is bumpy
especially taking into account the range of quantitative targets and structural
benchmarks included in the agenda of the current negotiations After a temporary
pause talks between the Greek government and the troika resumed last week but
according to a number of press reports a diversion of view continues to exist on key
issues such as the size of the projected fiscal gap in FY-2014 and the restructuring
plans for domestic defense industries ELVO and HDS In this report we offer a
comprehensive overview of what has already been achieved and the pending issues
in the way to the conclusion of the current review In addition we present a
timeline of the key dates and events that deserve close monitoring in the period
ahead
2
3
4
5
I
II
6
III
IV
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
2
3
4
5
I
II
6
III
IV
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
3
4
5
I
II
6
III
IV
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
4
5
I
II
6
III
IV
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
5
I
II
6
III
IV
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
6
III
IV
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
7
V
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
8
VI
VII
25 As regards the criteria under which domestic banks will be empowered to undertake property foreclosure reportedly
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
9
VIII
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
10
14-Nov
9-Dec
22-Nov
15-Nov Spring
2014
13-Dec11-Nov
22-25
May
18-Nov 21-Nov
19-20
22-Apr
10-Jan 17-Jan
20-Dec 11-Jan
Greece Key dates amp events in the coming weeks amp months
Eurogroup
meeting
EU Summit
Greece has
euro16bn in T-bills
redemption
Informal Eurogroup
Greek governments
proposed ENFA implemenation
framework to be
reportedly finalised
Greece has
euro16bn in T-bills
redemption
Two 2-year
GGBs matue
for euro18bn
Greece has
euro2bn in T-
bills
redemption
Official discussions on
a new debt relief
package for Greece reportedly expected
to commence
Eurostat EDP
report due for
publication
European
Parliament
elections
Greece hsa
euro2bn in T-
bills redemption
Greece has
euro2bn in T-bills
redemption
Eurogroup
Greece has
euro16bn in T-bills
redemption
Final Budget for 2014 to
be reportedly submitted
to Parilament
Troika
mission
reportedly returns to
Athens
11
11