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Tzanakopoulos says Greece can get 'clear' deal at June Eurogroup

TAGS: Economy, Diplomacy, Politics

Government spokesman Dimitris Tzanakopoulos indicated that a proposal made to Greek officials at Monday's Eurogroup in Brussels was vague and could have ended up putting off debt relief indefinitely, adding that he was confident Greece would get a better deal at next month's meeting.

"We decided that it was preferable to work a few more days so we can achieve a better solution at the next Eurogroup," Tzanakopoulos told a media briefing.

"So we can have a clear solution and by that we mean with a clear determination of medium-term measures for debt [relief] so that the IMF can give the okay for debt viability," he added, referring to the International Monetary Fund.

The spokesman said that a difference of opinion between the IMF and Berlin as regards the level of debt relief for Greece and the size of primary surplus targets had been partially bridged but certain issues remain to be clarified.

He said 3.5 percent of gross domestic product was a high primary surplus target which, however, "we were forced to accept."


 

 

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