Tuesday, June 2, 2015

Negotiations have made little progress with Greece: Eurogroup – The Universal

The president of the Eurogroup , Jeroen Dijsselbloem said today that negotiations with Greece over a reform package that would unblock the payment of a new tranche of its bailout “are not advanced enough “.
 


 “There has been progress, but are actually inadequate. Our conclusion is that we have not come far enough,” he said in an interview with Dutch television RTL.
 


 


 His comments came after the Greek prime minister, Alexis Tsipras, claimed, hours before his government submitted a “complete” list of reforms to its creditors International: the IMF, the European Commission (EC) and the European Central Bank (ECB).
 


 


 According Dijsselbloem, “the total package has to be solid” for the approval of the three institutions.
 


 


 Greece needs the release of the 7.2 billion euros that remain to its latest bailout to cover debts owed to the International Monetary Fund (IMF) maturing this month.
 


 


 The general director of the IMF, Christine Lagarde, and the presidents of the ECB, Mario Draghi, and the EC, Jean-Claude Juncker, unexpectedly met last night with German Chancellor Angela Merkel and French President Francois Hollande in Berlin to analyze the situation.
 


 


 In Brussels, the press service of the EU executive avoided commenting on the appointment, which involves the exclusion of the other members of the euro area of ​​discussions.
 


 


 “The negotiations continue and develop in several bands, both technically and politically,” community spokesman downplayed, Mina Andreeva.
 


 


 The extension of the Greek bailout, agreed by the partners of the euro in February, ends June 30.
 


 


 Beyond that date, any new financial aid to the country will require a new legal framework.
 


 


 tcm
 


 


 
 

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