Sunday December 21, 2014 Search
Weather | Athens
17o C
10o 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)  
Workers rush to get early retirement
Piraeus Containter Terminal goes from strength to strength
Moscovici: Creditor inspections to become less frequent and ‘lighter’
Property capital gains tax halt
Greek PM offers compromise solution with elections by end-2015
Prime Minister Antonis Samaras on Sunday presented a compromise solution to end a political stalemate that looks likely to send Greece to early general elections in about a month's time. Spe...
Environment Ministry to reconsider controversial bill
The government over the weekend appeared to backpedal on proposed amendments widely seen as compromising legislation protecting Greek forests as well as Plaka, Athens’s old quarter. The bill...
Inside News
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
Inside Sports
INTERVIEW
‘Crisis of confidence will come back again and again,’ says Thomas Piketty
He’s treated like a rock star wherever he goes to lecture. His book “Capital in the 21st Century,” a study on income and wealth inequality from the 18th century to the present, recently tran...
COMMENTARY
Who lost Greece
If Greece collapses much will be said about where the fault lies. Sure, we all know the failings of Greek politicians. That said, much of the blame lies with outsiders who pushed Greece beyo...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek PM offers compromise solution with elections by end-2015
2. Environment Ministry to reconsider controversial bill
3. Corfu to host country’s first hydroplane strip
4. Political upheaval sharpens after bribe claims with threats and insinuations
5. Police gets new communications system
6. Most Greeks say they recycle daily
more news
Today
This Week
1. Greek PM offers compromise solution with elections by end-2015
2. Who lost Greece
3. Snubbing the moderates
4. ‘Crisis of confidence will come back again and again,’ says Thomas Piketty
5. Get your facts straight
6. The big picture
Today
This Week
1. Samaras summons bond vigilantes with euro exit talk
2. A friendly yet firm message from Pierre Moscovici
3. Europe's drama in Greece needs final act to avoid tragedy
4. High stakes
5. On the edge but not gutless
6. Gap between SYRIZA and New Democracy closing, says poll
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.