NEWS

Greek PM to meet German chancellor on sidelines of immigration meeting

Greek Prime Minister Alexis Tsipras will be meeting with German Chancellor Angela Merkel on Thursday on the sidelines of an emergency summit of European leaders on illegal migration, sources in Athens said on Tuesday.

The meeting was reportedly scheduled by the two leaders’ offices in a bid to find common ground ahead of a crucial Eurogroup meeting on Friday that will determine whether Greece has made enough progress in its reform commitments to unlock additional funding.

European officials, however, have already indicated that the eurozone summit on Friday in Riga, Latvia, will be no more than an opportunity to take stock of progress in negotiations between Greece and its creditors which have been moving slowly.

The government is hoping that another Eurogroup summit due on May 11 will lead to the release of 1.9 billion euros in profits from Greek bonds held by the Eurosystem on the secondary market.

European leaders will be meeting on Thursday to discuss emergency measures following the deaths of hundreds of migrants in the Mediterranean over the past few days.