Wednesday October 1, 2014 Search
Weather | Athens
28o 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 Greeces 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 countrys 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 its 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)  
New suburban railway station opens in Athens suburb of Tavros
Thessaloniki transport gets more expensive
Smallpox decimates sheep stocks in northern Greece
Air-raid sirens to go off all over Greece at 11 a.m. in drill
Mario Draghi to push ECB to buy Greek, Cypriot junk loans: FT
European Central Bank President Mario Draghi is set to push the ECB to buy junk-rated Greek and Cypriot bank loans, a move that may increase tensions between Germany and the bank, the Financ...
NBG Pangaea eyes listing on foreign bourse, huge portfolio
Leading Greek property investment company NBG Pangaea is getting ready to spread its wings as it eyes the creation of a major portfolio worth up to 4 billion euros to be listed not only on t...
Inside Business
SOCCER
All team sports suspended next weekend in memory of dead fan
The government announced on Monday the suspension of all team sports events in Greece scheduled for next weekend, October 4 and 5, in the memory of the Ethnikos Piraeus fan who died a few ho...
SOCCER
Karamanos punishes Michel for deeming him surplus
Atromitos forced Olympiakoss first loss this season in all competitions on Saturday to allow PAOK to go alone on top of the Super League table on Sunday. Odds-on title favorite Olympiakos l...
Inside Sports
COMMENTARY
Truth before the battle
The coalition has lost its sense of direction in the last few months. Exactly where things went off track is not the question at this stage. What is certain is that if it continues competing...
EDITORIAL
Bending the rules
The flexibility with which laws are implemented has been a fundamental cause for concern in Greece during the post-dictatorship era. Everything becomes a subject for negotiation, even in cas...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Mario Draghi to push ECB to buy Greek, Cypriot junk loans: FT
2. New suburban railway station opens in Athens suburb of Tavros
3. Thessaloniki transport gets more expensive
4. Smallpox decimates sheep stocks in northern Greece
5. Air-raid sirens to go off all over Greece at 11 a.m. in drill
6. NBG Pangaea eyes listing on foreign bourse, huge portfolio
more news
Today
This Week
1. Air-raid sirens to go off all over Greece at 11 a.m. in drill
2. Bending the rules
3. Truth before the battle
4. Smallpox decimates sheep stocks in northern Greece
5. Thessaloniki transport gets more expensive
6. New suburban railway station opens in Athens suburb of Tavros
Today
This Week
1. Greece may opt for unusual president to avoid snap polls, Venizelos says
2. Woman allegedly buried alive by accident in northern Greece
3. Salaries in Greece continue to slide, dipping 1.4 pct in Q2
4. Should you bet with Kissinger on where the world is heading?
5. Cypriots divided by 1974 war seek Shariah hub
6. The shocking thought of euro-dollar parity
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.