Thursday October 23, 2014 Search
Weather | Athens
22o C
16o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Europeans leave little wiggle room for renegotiation

A European diplomat based in Berlin has told Kathimerini that there is little appetite in the German government or parliament to renegotiate Greece’s fiscal adjustment program and provide Athens with more time to meet its targets and more loans to cover its funding gaps in the meantime.

“Time is money and the German government cannot give more money to Greece, which means that it cannot give more time either,” said the official, who wished to remain anonymous.

The diplomat suggested that Berlin would be willing to hold talks about the bailout terms with the next Greek government if it is committed to the fiscal adjustment. “We can discuss matters with a government that intends to meet the commitments Greece has taken on, even if this is using different methods, as long as it is also reliable.”

The position adopted by the official matches views expressed in other parts of Europe.

“The headline targets cannot be changed,” one senior EU official told Reuters. “There could be some tweaks to the path to get there, but not the goals.”

“If the Greeks do not meet the commitments they have made, do not meet their financial commitments, do not repay loans, Slovakia will demand that Greece leaves the eurozone,” Slovak Prime Minister Robert Fico told his country’s parliament, although he said Europe should strive to keep Greece in.

A German EU official told Reuters regardless of who wins the Greek vote, a new government would be given a final chance. “There will be a very clear 100-day plan for a new government. If it’s not implemented in full, then the game is over,” the official said. “This is a very bitter election for the Greek people. They are being asked to support the old guard that got them into this mess.”

The International Monetary Fund would not be drawn on what might happen after the elections on Sunday.

“I think we need to take this one step at a time,” said IMF spokesman Gerry Rice. “I think we should respect the democratic process in Greece and once there is a new government, the IMF will engage in a new dialogue with the new government.”

ekathimerini.com , Thursday June 14, 2012 (22:23)  
Cyprus seeks EU response over Turkey´s EEZ violation
Thirteen indicted for inmate torture
Samaras, Venizelos eye deal with troika on bailout exit by Dec 8
Campaigners call for more road safety at deadly crash site
Athens weighs its LNG and CNG options
Energy Minister Yiannis Maniatis met on Wednesday with officials from six leading shipping companies in the liquefied natural gas (LNG) sector, as he is weighing the possibility of Greece as...
Greece ranks among global leaders in tourism growth
Tourism in Greece has done particularly well in 2014, having grown 16.7 percent year-on-year, while the head of the World Tourism Organization stressed on Wednesday the added value this grow...
Inside Business
SOCCER
Roberto´s heroics make Kasami´s goal count
Pajtim Kasami’s goal and Roberto’s heroics in goal saw Olympiakos claim one of the biggest wins in its history on Wednesday downing Italian champion Juventus 1-0 to boost its chances of reac...
SOCCER
Third-division Iroditos punished heavily after fan death
Greek third division team Irodotos has been docked 15 points and ordered to play 10 matches behind closed doors following the death of an Ethnikos Piraeus supporter, the Hellenic Football Fe...
Inside Sports
COMMENTARY
Careful what you wish for
Everyone is in a rush to become prime minister in this country, as if they have not learned a single thing from its political history. While still in opposition, PASOK’s George Papandreou ma...
EDITORIAL
Taking care of our key industry
It’s time to face facts: Tourism is the country’s heavy industry. The sector’s considerable contribution has served as a stabilizing factor for the local economy, essentially placing the cou...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Roberto´s heroics make Kasami´s goal count
2. Athens weighs its LNG and CNG options
3. Greece ranks among global leaders in tourism growth
4. Global oil price drop sends local fuel prices back to 2010 levels
5. Buy big house, become a citizen
6. Cyprus seeks EU response over Turkey´s EEZ violation
more news
Today
This Week
1. At least 11 banks to fail European stress tests, three in Greece, report says
2. Cyprus to block Turkey's EU talks after EEZ violation
3. EU’s Juncker wins Commission-team approval with investment vow
4. Juncker’s EU commission team set for parliamentary green light
5. Taprantzis resigns from privatization agency TAIPED
6. Fallen tree, smashup cause traffic jams in Athens
Today
This Week
1. Coalition shooting itself in the foot
2. Istanbul skyscraper casts shadow over Greece's banking ambitions
3. Greece’s closed society is central to its current malaise
4. Greece must stick to reforms, says Schaeuble
5. The past, present and future of the Greek debt crisis
6. Samaras’s crumbling Greek exit lacks backing from economists
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.