Tuesday Jul 22, 2014 Search
Weather | Athens
29o C
22o 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 Greeces 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 troikas 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)  
Old Attica train tracks to be transformed into bicycle lane network
Attica hospital workers to hold five-hour walkout on Wednesday
PM congratulates police over Maziotis arrest
Ministry approves 1.3 million euros for animal shelters
Consumer confidence in Greece improves in Q2
Consumer confidence in Greece improved by two index points in the second quarter of 2014 compared to the same period last year, reaching 55 points, though still significantly below the globa...
Greek sovereign debt at 174.1 percent of GDP in first quarter
BRUSSELS - Eurozone public debt rose to 93.9 percent of economic output in the first quarter of this year, approaching the peak it is expected to reach later in 2014, official data showed on...
Inside Business
TRACK & FIELD
Athens, the Marathon capital of the world for good
Paco Borao, the man who restored Athens as the Marathon capital of the world with the establishment at the Olympic Sports Center of the headquarters of the International Association of Marat...
TRACK & FIELD
Pole vault record on same day as three doping cases
Greek track and field had a mixed weekend, as on the same day as Katerina Stefanidi matched the national record in pole vault as well as the leading result in Europe so far this season, thre...
Inside Sports
COMMENTARY
Unequal after death
The dead are dead and the slain are slain, whether they are Malaysian, Dutch, Palestinian or Israeli, whether they are the innocent victims of a civilian plane that is shot down (we still do...
EDITORIAL
Chinese investment
The relationship between Greece and China has become one of major strategic importance. Beijing threw its support behind Athens during a period when the country was going through particularl...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Athens, the Marathon capital of the world for good
2. Old Attica train tracks to be transformed into bicycle lane network
3. Attica hospital workers to hold five-hour walkout on Wednesday
4. PM congratulates police over Maziotis arrest
5. Consumer confidence in Greece improves in Q2
6. Greek sovereign debt at 174.1 percent of GDP in first quarter
more news
Today
This Week
1. Unequal after death
2. Chinese investment
3. Greeks getting better at recycling, though still Europe's laggards
4. Piraeus prosecutor investigating use of funds for building renovation
5. Shares in Greek renewable energy firm drop in trade debut
6. Greek sovereign debt at 174.1 percent of GDP in first quarter
Today
This Week
1. China and Greece agree to further cooperation in transportation, infrastructure
2. Ex-Credit Suisse banker taps lesson for Greek rebound
3. The cost of excellence
4. Pay-TV booms as cash-strapped Greeks shun depressing news shows
5. Greece seen in third bailout as bonds not enough, economists say
6. Summer storms cause problems in Thessaloniki, spread across the country
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.