Yesterday's meeting between Finance Minister Euclid Tsakalotos and Bank of Greece Governor Yannis Stournaras just two days before the European Commission's report on the Greek economy reveals the government's concern over the problems that lie ahead, the most important of which is the looming problem of non-performing loans (NPLs) that has burdened the banks and the economy in general.
What Finance Minister Euclid Tsakalotos dared to say is the self-evident, at least for democratic countries. He said that in the unlikely and unfortunate event that New Democracy comes to power after the next general election, SYRIZA will support it in efforts to renegotiate the currently very high primary surplus targets agreed to with creditors.
Greek Prime Minister Alexis Tsipras won a confidence vote in parliament on Jan. 16, clearing a major hurdle for Greece's approval of an accord to end a dispute over Macedonia's name and averting the prospect of a snap election.
Greek Prime Minister Alexis Tsipras will meet with European Commissioner for Economic Affairs Pierre Moscovici at 2.45 p.m. at Maximos Mansion, his office said.
Moscovici is expected to convey to Athens the growing concern in Brussels, as Greece's creditors see no progress in the implementation of the country's post-bailout commitments.