Thursday December 25, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
German, French and eurozone officials discuss program; Athens plays down talks

Greek Finance Ministry sources played down on Friday the significance of revelations about a meeting this week between German, French and European Union officials to discuss concerns about the course of Greece’s bailout.

The Wall Street Journal reported on Friday that representatives of the International Monetary Fund, the European Commission, the European Central Bank, senior eurozone officials and German Finance Minister Wolfgang Schaeuble as well as his French counterpart, Pierre Moscovici, took part in the meeting, which was held in Brussels on Monday following a gathering of the Eurogroup.

Greek Finance Minister Yannis Stournaras did not participate in the talks. Finance Ministry sources, however, said that the meeting was not “secret” as was suggested in the report. They said that Athens knew about the talks and that it is customary for such discussions to take place on the sidelines of Eurgroup meetings.

The Wall Street Journal reported that the purpose of the meeting to which Stournaras was not invited was to discuss the structural reforms that the troika wants Greece to implement and a financing gap for the second half of this year that is expected to reach as much as 6 billion euros. No decisions were taken at the meeting, the newspaper reported, quoting unnamed sources with direct knowledge of the situation.

European Commission sources told Kathimerini that the aim of the meeting was simply to update those taking part on the state of play in Greece and is not a sign that there is any particular concern with the program. Nevertheless, the precise date of the troika’s return to Athens remains uncertain. It is thought that inspectors may fly back around February 10 but this has not been confirmed.

With regards to the funding gap, the government has made proposals for how this could be covered but they have so far been blocked by the ECB as they involved rolling over bonds held by Greek banks and national central banks in the eurozone.

ekathimerini.com , Friday Jan 31, 2014 (20:12)  
Missing Thessaloniki hunter found dead
´Anarchist Attack Consortium´ claims responsibility for failed bank bomb
Samaras, Venizelos in drive to muster 180 votes
Mayor claims threats over stadium plans
Alpha Bank in deal to manage problem loans
Greece's fourth-largest lender Alpha Bank will launch a joint venture with Spanish financial services firm Aktua Soluciones Financieras to manage a substantial chunk of its non-performing lo...
Greek telecoms firm OTE agrees new labour deal that secures jobs
Greece's largest telecoms operator Hellenic Telecoms (OTE) has signed a new three-year contract with its main labour union, securing 7,000 jobs for the next three years. OTE, 40 percent-owne...
Inside Business
SOCCER
Soccer federation head resigns
Hellenic Football Federation (EPO) president Giorgos Sarris tendered his resignation on Tuesday during the federation’s board meeting, under the pressure generated by a match-fixing scandal ...
SOCCER
Special day for Abidal, lucky one for PAOK
PAOK scraped through its Livadia challenge beating Levadiakos to remain on top of the Super League for Christmas, one point ahead of Olympiakos that enjoyed a great game at Kalloni and offer...
Inside Sports
COMMENTARY
The angry kingmakers
All signs suggest Greece is heading for an early general election. It could be one of the most crucial polls in the country’s modern history, in more ways than one. It is important that we k...
EDITORIAL
Wanted: common sense
In the wake of recent developments, a general election seems unavoidable. Partisan politics and a thirst for power on the part of Greece’s leftist opposition have regrettably fueled uncertai...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Missing Thessaloniki hunter found dead
2. ´Anarchist Attack Consortium´ claims responsibility for failed bank bomb
3. Samaras, Venizelos in drive to muster 180 votes
4. Alpha Bank in deal to manage problem loans
5. Greek telecoms firm OTE agrees new labour deal that secures jobs
6. Greeks used to years of chaos dismiss Samaras’s warnings of more
more news
Today
This Week
1. Samaras, Venizelos in drive to muster 180 votes
2. The angry kingmakers
3. Missing Thessaloniki hunter found dead
4. Wanted: common sense
5. 'Anarchist Attack Consortium' claims responsibility for failed bank bomb
6. Greeks used to years of chaos dismiss Samaras’s warnings of more
Today
This Week
1. Who lost Greece
2. High stakes
3. Europe's drama in Greece needs final act to avoid tragedy
4. Greek PM offers compromise solution with elections by end-2015
5. Ship with 200 migrants off Pylos towed to Italy after passengers refuse to stop in Greece
6. The big picture
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.