Wednesday April 23, 2014 Search
Weather | Athens
23o C
15o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Dijsselbloem sees Greek debt relief talks in August

Eurogroup chief Jeroen Dijsselbloem has said there is no need to discuss debt relief for Greece until August, with German Finance Minister Wolfgang Schaeuble suggesting that the summer will be the time to also discuss a possible third bailout.

Ahead of today’s meeting of eurozone finance ministers in Brussels, the Dutch finance minister 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, adding that the Eurogroup would wait for confirmation of the size of Greece’s 2013 primary surplus from Eurostat first.

“There’s no reason to rush on the basis of the Eurostat figures, which will only come out at the end of April. In August, we’ll talk about the future,” he added.

“The debt has to be reduced. The question is who does it and how to do it. That is exactly what we will talk about after the summer.”

The date when troika inspectors will return to Athens is due to be agreed at the Brussels meeting and Schaueble indicated that tying up the loose ends from the adjustment program must be a priority for the Greek government.

“Greece and the troika have to concur that Greece is taking the steps that have been agreed in the program,” he told journalists.

“That condition must be met and then the next tranche can be paid. That’s not easy for Greece, but the Greek prime minister and the Greek finance minister have declared that they will meet the conditions.”

Reports in Germany over the weekend suggested that German Chancellor Angela Merkel has blocked Schaeuble’s attempt to provide further bailout loans to Greece before the European elections.

The German finance minister said ahead of Monday’s Eurogroup meeting that a decision on a new package would be likely in the summer.

“After the end of the program we will have to examine in a timely fashion whether an additional, limited financing requirement is necessary, as we said very clearly when we passed the program 1.5 years ago. But it’s too early for that now; we’re doing things step by step.”

ekathimerini.com , Monday February 17, 2014 (16:14)  
Credit Agricole said to seek buyer for $554 million Greek loans
Greece qualifies for new debt relief after 2013 budget surplus
Greece, Germany sign deal for IFG
NBG to break free of sovereign shackles with senior bond
Woman dies after falling off state building roof
Police in the district of Peristeri, in western Athens, were investigating the circumstances surrounding the death of a woman who fell off the roof of an Attica regional authority building e...
Tunisian sought over employment scam
Police in Thessaloniki were seeking on Wednesday a Tunisian national over an alleged employment scam. The 59-year-old suspect is believed to have charged 102 people seeking employment over 6...
Inside News
BASKETBALL
Reds and Greens stay alive in Euroleague
Easter – and home advantage – worked wonders for Panathinaikos and Olympiakos who stayed alive in the Euroleague play-offs beating CSKA and Real Madrid respectively on Monday in Greece. Shak...
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
Inside Sports
COMMENTARY
It´s too soon for Europe to declare victory
There was a time not so long ago when the vast majority of experts agreed that a country could not emerge decisively from a financial crisis unless it solved problems of both “stocks” and “f...
COMMENTARY
Reality´s other side
There is plenty of evidence pointing to the fact that the country’s real economy has hit rock bottom and is currently entering a phase of growth. Those who know the market well tend to suppo...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Credit Agricole said to seek buyer for $554 million Greek loans
2. Greece qualifies for new debt relief after 2013 budget surplus
3. Greece, Germany sign deal for IFG
4. NBG to break free of sovereign shackles with senior bond
5. Greece meets budget target for more debt relief from creditors
6. Woman dies after falling off state building roof
more news
Today
This Week
1. FBI seeks to identify victims of suspected US child molester who worked abroad, including Greece
2. Greek debt swells again as Samaras looks to creditors for relief
3. Tunisian sought over employment scam
4. Greece sees 2013 primary budget surplus at 1.5 bln euros, says deputy finance minister
5. Woman dies after falling off state building roof
6. Greece meets budget target for more debt relief from creditors
Today
This Week
1. Greece's market return mirrors return of tourists
2. Greece startup leaders say they can’t break jobless cycle alone
3. Ground-breaking Good Friday mass signals thaw in Cyprus
4. Mayoral candidates clash over Athens mosque plans
5. Government looks to kick on
6. Greece offers to help find Turkish F-16 lost in 1996
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.