Tuesday Jan 27, 2015 Search
Weather | Athens
13o C
7o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Still no sign of troika return to Athens

 Officials in Brussels say lack of prior action implementation means an agreement still appears a long way

By Eleni Varvitsioti and Nikos Chrysoloras

The date for the troika’s return to Greece remains unknown according to a letter Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem sent to the parliament in The Hague, citing Athens’s failure to implement the prior actions for the completion of the fourth assessment of the adjustment program and the disbursement of the next tranche of bailout funding.

Only an agreement between the government and the troika of representatives from the European Commission, the European Central Bank and the International Monetary Fund can allow the process for disbursement of the bailout funds to restart, the Dutch official stressed.

Commission Vice President Olli Rehn on Tuesday expressed hope that the troika can return to Athens as soon as possible, as, according to the latest formal briefing by the Commission, the aim is for the inspectors to return to Greece by the end of the month – i.e. right after the Eurogroup meeting next Monday.

However, one of the three troika heads told Kathimerini on Tuesday that the fronts remain open, so it remains unknown whether Greece will form part of the agenda of next week’s meeting of eurozone finance ministers in Brussels. The same official added that the progress of Greece’s assessment will definitely be requested formally or informally, and that it is certain the usual advice and guidelines will be issued by Dijsselbloem and Rehn regarding the need for Athens to comply with its commitments according to the bailout agreement.

That was the atmosphere at Tuesday’s meeting of the Euro Working Group (EWG), with the eurozone technocrats making no secret of their displeasure with the dramatic delay in the assessment process that should have started last September. An official who is closely following the execution of the streamlining program told Kathimerini that the troika’s impression last fall when the assessment started was that Greece was not prepared at all, resulting in consecutive missions to Athens ending in failure. The burning issues remain unresolved and it is clear there is no reason for talks to resume unless a result is certain.

ekathimerini.com , Tuesday Jan 21, 2014 (22:35)  
Cyprus to stay in recession for 2015, university survey finds
Europe stocks fall from seven-year high; Greek bonds drop
Greek uncertainty weighs on low-rated eurozone bonds
Consumer confidence in decline in Q4
´Accidental economist´ and scourge of austerity tipped for Greek finance post
A scourge of austerity policies who calls himself an “accidental economist” is set to become Greece's finance minister and the key negotiator with its creditors, barring last-minute hitches,...
The new cabinet
Greek Cabinet as of January 27, 2015 Prime Minister: Alexis Tsipras Deputy Prime Minister: Yiannis Dragasakis Ministry of Interior and Administrative Reconstruction Minister: Nikos Voutsis A...
Inside News
BASKETBALL
Basket League favorites survive challenges on the road
PAOK consolidated its position in the top three of the Basket League with a triumph at AGO Rethymnou on Saturday, while Olympiakos and Panathinaikos emerged victorious from their tough away ...
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
Inside Sports
COMMENTARY
Greece, where everyone´s a winner
Whether a tradition or simply a bad habit, we have trouble finding a loser in any electoral race, a party leader who will openly concede defeat without trying to mitigate it with excuses. Th...
EDITORIAL
Political faux pas
Democracies have rules and institutions that must be respected and served by all who represent them. Most people can appreciate that politicians who have worked hard for the past two-and-a-h...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. ´Accidental economist´ and scourge of austerity tipped for Greek finance post
2. The new cabinet
3. Cyprus to stay in recession for 2015, university survey finds
4. Kammenos: from conservative rebel to Greek PM´s unlikely ally
5. Yanis Varoufakis named Greece´s new finance minister
6. Greek Elections 2015: Forming a government, Part 2 | LIVE
more news
Today
This Week
1. Greek Elections 2015: Forming a government, Part 1 | LIVE
2. Greece, where everyone's a winner
3. Three days of mourning declared over death of two Greek pilots in Spain
4. Political faux pas
5. Greek uncertainty weighs on low-rated eurozone bonds
6. Europe stocks fall from seven-year high; Greek bonds drop
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greek Elections 2015 | LIVE
3. SYRIZA heads for historic victory but without majority
4. Greeks fork out nearly 5 pct of their incomes on telecom services
5. Unsupervised voting
6. QE exclusion a ‘de facto Grexit’
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.