Saturday August 30, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Stalled negotiations to resume, eurozone officials agree

Dutch Finance Minister and eurozone President Jeroen Dijsselbloem (left) talks with Greek Finance Minister Yannis Stournaras (center) and Luxembourg's Finance Minister Pierre Gramegna (right) before an Eurogroup Council meeting at EU Headquarters in Brussels on Monday.

European officials meeting in Brussels agreed on Monday that troika officials would return to Athens this week to resume stalled negotiations but indicated that a discussion on debt relief would likely not start until after the summer when Greece is confident it can tap international bond markets.

“The troika intends to return to Athens later this week,” Dutch Finance Minister Jeroen Dijsselbloem said after a meeting of eurozone finance ministers. He said authorities “must now work with the troika so that the review mission can be successfully concluded.” Greek Finance Minister Yannis Stournaras said the envoys would be in Athens “by Sunday.”

Earlier Dijsselbloem played down the need to come up with a plan to reduce Greece’s public debt before the European Parliament elections in May. “If the current program and all the conditions are fulfilled, then further disbursements can take place before May that will finance Greece right into August,” he said.

Germany’s finance minister, Wolfgang Schaeuble, said the priority for Athens remained tying up loose ends from the reform program. “Greece and the troika have to concur that Greece is taking the steps that have been agreed in the program,” he told. “That condition must be met and then the next tranche can be paid.” German press reports over the weekend suggested that Chancellor Angela Merkel has blocked Schaeuble’s attempt to provide further aid to Greece before the European elections.

European Economic and Monetary Affairs Commissioner Olli Rehn also pressed Athens to focus on reforms. “It is in everyone’s interest, especially Greece’s, to do what it must do,” he said, adding that the troika’s review could be finished by March and aid subsequently disbursed. Rehn said the fact the troika was returning to Athens was a positive development but added that it would not be easy for an agreement to be reached.

Back in Athens, in an apparent bid to offset the negative news about the delay to debt relief talks, sources close to Prime Minister Antonis Samaras said Greece was confident it could return to bond markets in the second half of this year. Meanwhile Samaras repeated his pledge to return the bulk of a primary surplus Greece is expected to post this year to low-income pensioners and military and security services staff.

In a related development, former Premier George Papandreou claimed that the governments he had led in 2010 and 2011 had laid the groundwork for Greece’s primary surplus.

ekathimerini.com , Monday February 17, 2014 (21:09)  
New Democracy aims to ease tax burden, attack SYRIZA’s policies as leaders’ Thessaloniki speeches near
Infrastructure Minister assures officials over coastal revamp
Deadline for ENFIA tax pushed back to September 30
Three passengers missing from two migrant boats
Ministry launches work experience program for unemployed graduates
The Labor, Social Security and Welfare Ministry is preparing to launch a work experience program for unemployed youths aged between 18 and 24, through private sector jobs, as part of a new a...
Tax burden in Greece among EU’s heaviest, study reveals
Commenting on the findings of a recent Eurostat study titled “Taxation Trends in the European Union,” Alpha Bank has described the obligations of taxpayers in Greece as burdensome. The study...
Inside Business
SOCCER
Tough draw for Greek sides in Europe League Greek stage
Following Thursday night’s high, when all three Greek teams competing in the Europa League made it into the group stage of the competition, a harsh reality struck Friday as they found out wh...
JUDO
Greek judoka Iliadis triples up as Aguiar stuns Tcheumeo
Greek star Ilias Iliadis claimed his third world title in the under-90kg category in Chelyabinsk on Friday as Brazilian Mayra Aguiar and Colombian Yuri Alvear won gold in the women’s under-7...
Inside Sports
ANALYSIS
Greek quest for debt relief faces hurdles in Paris
As Greek Prime Minister Antonis Samaras tries to follow Ireland and Portugal out the bailout exit door, he faces a month of bargaining. For a nation that’s already gone through the biggest d...
COMMENTARY
Stifled dreams
At more or less the same time every year, we see the same images of high school graduates looking through the Education Ministry’s lists of those who passed and those who failed the national...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Ministry launches work experience program for unemployed graduates
2. Tax burden in Greece among EU’s heaviest, study reveals
3. New Democracy aims to ease tax burden, attack SYRIZA’s policies as leaders’ Thessaloniki speeches near
4. Coalition bent on protecting weaker groups
5. Infrastructure Minister assures officials over coastal revamp
6. Deadline for ENFIA tax pushed back to September 30
more news
Today
This Week
1. Strong undersea quake occurs off island of Milos, felt in Athens
2. Greek quest for debt relief faces hurdles in Paris
3. Dozens of migrants intercepted in the Aegean
4. Rendi shootout leaves would-be hypermarket robber dead
5. Gov't jet carrying Venizelos back from Turkey conducts emergency landing
6. Tight security in place for City of Athens ceremony as GD MP, supporters to attend
Today
This Week
1. Attack on gay couple in Athens leaves one man needing surgery
2. Purification rituals
3. The battle against progress
4. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
5. Athens finalizes Paris talks goals
6. Aftershocks rattle Halkidiki after strong 5-Richter quake
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.