Arab Today, arab today french german leaders hold talks with greek pm in riga
Last Updated : GMT 22:44:04
Arab Today, arab today
Arab Today, arab today

Gave no sign of breakthrough ahead of crucial deadline

French, German leaders hold talks with Greek PM in Riga

Arab Today, arab today

Arab Today, arab today French, German leaders hold talks with Greek PM in Riga

Angela Merkel (C), PM Alexia Tsipras (L) and President Francois Hollande (R)
Riga - Arab Today

Greek Prime Minister Alexis Tsipras held "friendly and constructive" debt talks with the leaders of France and Germany but gave no sign of a breakthrough ahead of a crucial June deadline.

German Chancellor Angela Merkel, French President Francois Hollande and the Greek premier "focused on the desire to reach an agreement on the current programme" to support Greece's finances, an aide to the French leader said.

After almost two hours of talks the three "agreed on the need for the Greek authorities to keep working with the three institutions", the aide said, referring to Athens' "troika" of creditors -- the European Union, the European Central Bank, and International Monetary Fund.

Greece's radical-left government and its international creditors have been locked in talks for months over reforms needed to release a final 7.2 billion euros ($8.2 billion) in bailout funds Athens needs to avoid defaulting on its debt and possibly crashing out of the eurozone.

The delay in reaching an agreement has led to concerns Athens is running critically short of cash and may soon end up defaulting, which could set off a messy exit from the euro.

Spain's Economy Minister Luis de Guindos, one of the frontrunners to take over the presidency of the Eurogroup this year, said Thursday he expects Greece will reach an agreement with its bailout creditors in the "coming days".

Hollande stressed it was up to the European Union -- not France or Germany -- to find a solution to the crisis.

"It will not be here, in Riga, that we will negotiate the question of Greece, but it is true that it allows us to prepare for the upcoming deadline, particularly for the Eurogroup meeting at the end of the month or in early June," the French president told journalists.

"Along with Mr Tsipras, we want to find solutions that will give confidence and release the... funds," he added.

"We (France and Germany) are working to make things easier, and at the same time to pass on some messages that are useful for Greece and for Europe," Hollande said.

On June 5, Greece must make a new debt repayment to the International Monetary Fund. It has been less than 10 days since Athens raided an emergency account to pay its last instalment of 750 million euros, and it may not be able to meet its next deadline.

The EU and IMF are demanding tough labour market and pension reforms from Greece in return for the bailout funds, however the reforms contradict the election promises that swept Tsipras's party into power.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today french german leaders hold talks with greek pm in riga Arab Today, arab today french german leaders hold talks with greek pm in riga

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today french german leaders hold talks with greek pm in riga Arab Today, arab today french german leaders hold talks with greek pm in riga

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday