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.  

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