A restoration of collective bargaining agreements, a gradual increase in the minimum monthly wage scale and creation of a Greek development bank are among the highlights, Bloomberg reported on Friday, of a growth strategy presented by the country’s finance minister to Eurozone counterparts in Sofia the same day.
According to the US-based news service, Greek FinMin Euclid Tsakalotos used the Eurogroup venue to outline a post-bailout plan drafted by the leftist-rightist government in Athens and requested by creditors.
The “Tsakalotos plan” presented to Eurozone finance ministers in Sofia, Bulgaria also promises a further reduction in bureaucratic “red tape” as well as the encouragement of private investment in research and development.
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Source: naftemporiki.gr
