Officials of the Greek government were in talks with creditors last night until the early hours to conclude the latest measures needed in the latest bailout conditions. These measures are said to be the last before the entire bailout program ends in August.
Among the conditions is a new regulation to make it more difficult for labour unions to call strikes. This, coupled with another regulation allowing the government to auction off assets to debtors, is a concern for the Marxist SYRIZA party as many within the party fear that there will be public anger to the latest measures.
According to the Kathimerini, the government is in favour a further regulation that will allow the state to conduct electronic foreclosures, thus benefiting the country’s banks and also making the process more transparent.