Omnibus Bill on Prior Actions Eliminates Risk of Grexit, Says Alt. FinMin Chouliarakis

Omnibus Bill on Prior Actions Eliminates Risk of Grexit, Says Alt. FinMin Chouliarakis

The voting of the omnibus bill will restore Greece’s credibility and the trust of its lenders as well as eliminate the risk of the country's exit from the Eurozone, Alternate Finance Minister Giorgos Chouliarakis said on Tuesday, opening the debate in the joint meeting of the three relevant parliamentary committees.  
“The measures included in the bill are an important part of the agreement signed between the Greek government and the European Stability Mechanism (ESM) and constitute a prior action for its implementation,” the minister noted.
“Despite the difficult implementation of some measures, its approval will allow the smooth funding of the Greek economy in the short-term, but also during the three years [of its duration] it eliminates the risk of an exit from the single currency, restores confidence in the country and brings stability and an end to the five-year recession,” he added.  

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.