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	<title>AlYunaniya &#187; Maximos Mansion</title>
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	<description>Greece &#38; the Arab World</description>
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		<title>Juncker: Greece&#8217;s &#8220;last chance&#8221; to avoid bankruptcy</title>
		<link>https://www.alyunaniya.com/juncker-greeces-last-chance-to-avoid-bankruptcy/</link>
		<comments>https://www.alyunaniya.com/juncker-greeces-last-chance-to-avoid-bankruptcy/#comments</comments>
		<pubDate>Thu, 23 Aug 2012 07:57:32 +0000</pubDate>
		<dc:creator>AlYunaniya Staff</dc:creator>
				<category><![CDATA[Greece]]></category>
		<category><![CDATA[Antonis Samaras]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Eurozone]]></category>
		<category><![CDATA[Juncker]]></category>
		<category><![CDATA[Maximos Mansion]]></category>
		<category><![CDATA[Yiannis Stournaras]]></category>

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		<description><![CDATA[Prime Minister Antonis Samaras met with Eurogroup head Jean-Claude Juncker yesterday evening to discuss the country’s progress in meeting the terms of its latest bailout.]]></description>
				<content:encoded><![CDATA[<p><a href="http://www.alyunaniya.com/juncker-greeces-last-chance-to-avoid-bankruptcy/juncker-samaras/" rel="attachment wp-att-7137"><img class="alignnone size-large wp-image-7137" title="JUNCKER-SAMARAS" src="http://www.alyunaniya.com/wp-content/uploads/2012/08/JUNCKER-SAMARAS-500x332.jpg" alt="" width="500" height="332" /></a><span>Prime Minister <span>Antonis</span> <span>Samaras</span> met with <span>Eurogroup</span> head Jean-Claude <span>Juncker</span> yesterday evening to discuss the country’s progress in meeting the terms of its latest bailout. </span></p>
<p>According to <em>ANA</em><span>, in joint statements made after their meeting at the <span>Maximos</span> Mansion, <span>Samaras</span> said that he briefed <span>Juncker</span> on privatisations, structural reforms and the EUR 11.7 billion cutback plan, as well as the government’s efforts to tackle tax evasion and illegal immigration. <span>Samaras</span> repeated the government’s determination to reach its targets. He added that “very soon all those who </span><span>speculate in favour of a Greek exit from the <span>Eurozone</span> will be proven wrong”.</span></p>
<p><span><span>Eurogroup</span> head stressed he’s “coming as a friend”, something which “has been proven on multiple occasions”. <span>Juncker</span> said Greek citizens have made huge efforts, something which other <span>Eurozone</span> members do not always realise.</span></p>
<p><span>A decision on whether to grant the government additional time to meet its targets will be based on the troika’s report, <span>Juncker</span> said. “I have to underline this will depend on the findings of the troika mission and we have to discuss the length of the period and other dimensions,” he said.</span></p>
<p><span>Warning it is the country’s “last chance” to avoid bankruptcy, <span>Juncker</span> urged the government to push through austerity cuts and said a credible strategy to close the fiscal gap is a <span>pre</span>-requisite for disbursing the next aid tranche. “The ball is in the Greek court – in fact this is the last chance and Greek citizens have to know this,” he said.</span></p>
<p><span>According to <em><span>protothema</span>.gr</em>, the meeting was attended by Finance Minister <span>Yannis</span> <span>Stournaras</span> and deputy minister Christos <span>Staikouras</span>. They discussed all the developments in Greece and the <span>Eurozone</span>, the necessary steps to be taken to tackle the debt crisis, and the <span>geostrategic</span> conditions for stability, given the turbulent situation in Syria.</span></p>
<p>&nbsp;</p>
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