Greek Prime Minister headed for Brussels

Prime Minister Papademos making sudden trip to Brussels ahead of EU summit

Associated Press
Greek tax revenue could flow into escrow account

View photo

Greek presidential guard, known as Evzones, takes part in a changing of the guard ceremony at the Tomb of the Unknown Soldier, in front of a riot police who secure the Greek parliament, in central Athens as few hundred protesters gathered to protest against austerity measures during an anti-government rally on Sunday, Feb. 19, 2012.(AP Photo/Petros Giannakouris)

ATHENS, Greece (AP) -- Prime Minister Lucas Papademos unexpectedly headed Sunday to Brussels a day ahead of a crucial Eurozone finance ministers' meeting to discuss a euro130 billion ($170-billion) bailout necessary to keep Greece from going bankrupt.

The leaders of Germany, Italy and Greece have said they are optimistic that the deal on a second massive bailout for Athens can be clinched at the summit after months of delay, but critics have expressed doubts over Greek political leaders' commitment to austerity.

Papademos' office told The Associated Press they were not aware of any scheduled meetings Sunday and said they will share his Monday schedule later, but his departure has led to speculation he is meeting with officials ahead of the summit.

On Sunday, a working group of lower-level officials is meeting, but German sources contacted by the Associated Press denied there was a higher-level meeting going on.

Papademos' government is expected Monday to introduce in Parliament two pieces of emergency legislation seen as crucial in convincing Greece's creditors of the government's willingness to see reforms through quickly.

The legislation, which includes wage and pension cuts and a supplement to the 2012 budget making euro3.2 billion in cuts, is expected to be debated in committee Tuesday and submitted to a vote Wednesday.

More actions — including measures passed last July but never implemented — must be approved by the end of February. These include slashing the wages of some special categories of employees, such as special advisers to the government, as well as professionals, such as lawyers.

Also,the government must shut down some more state agencies and update the list of pharmaceuticals approved by the National Health Service. A Sunday newspaper, To Vima, estimated that by the end of the month, the government must pass some 79 laws and ministerial decrees to comply with the creditors' demands.


Gabriele Steinhauser contributed to this report from Brussels.

View Comments (8)