Arab Today, arab today pm alexis tsipras to meet eus juncker
Last Updated : GMT 07:25:21
Arab Today, arab today
Arab Today, arab today

As Greece debt deadline looms

PM Alexis Tsipras to meet EU's Juncker

Arab Today, arab today

Arab Today, arab today PM Alexis Tsipras to meet EU's Juncker

Greek Prime Minister Alexis Tsipras
Athens - Arab Today

Greek Prime Minister Alexis Tsipras will meet European Commission President Jean-Claude Juncker Wednesday for make-or-break bailout talks with a deadline looming for Athens to make a critical repayment.

Greece and its international creditors have exchanged proposals to reach a deal to unlock 7.2 billion euros ($8.0 billion) to help Athens make Friday's repayment, but months of fractious talks have been deadlocked over creditors' insistence that Athens undertake greater reforms which Greece's anti-austerity government has refused to match.

Meanwhile there are fears that Greece could default, possibly setting off a chain reaction that could end with a messy exit from the eurozone.

Jeroen Dijsselbloem, the head of the Eurogroup which is comprised of the eurozone's 19 members, has said he was unimpressed with progress made in the debt talks, after Athens claimed its plan was a "realistic" one.

His remarks come with Tsipras due to meet Juncker in Brussels on Wednesday evening, a government source said.

Tsipras on Tuesday raised hope of a breakthrough, with the leader of Greece's left-wing Syriza government telling reporters: "We have made concessions because a negotiation demands concessions, we know these concessions will be difficult."

In Brussels, the European Union called the exchange of documents a positive step, but stopped short of saying a deal was imminent.

"Many documents are being exchanged between the institutions and the Greek authorities... The fact that documents are being exchanged is a good sign," European Commission spokeswoman Annika Breidthardt said.

Asked about the possibility of a deal, she added: "We're not there yet."

- 'Still nowhere' -

The Eurogroup's Dijsselbloem, however, said he was unimpressed by the progress, saying on Tuesday that it was "really not enough".

"We're still nowhere far enough, that's the conclusion and time is pressing," said Dijsselbloem, who is also the Dutch finance minister.

He told Dutch television that while there could be some concessions on the bailout package, there would be no half-way compromises.

"The bottom line is not that we can meet each other halfway, the whole package must be solid," he said.

Greece is staring at a Friday deadline to repay more than 300 million euros to the IMF. Overall it needs to repay the global lender some 1.6 billion euros this month, funds it currently lacks.

The creditors in Europe and the International Monetary Fund are pushing for greater reforms in return for the cash, which Greece's anti-austerity government has refused to match.

The Greek government has said its proposals were in line with a column Tsipras wrote which was published in France's Le Monde daily on Monday.

In it the 40-year-old prime minister defended his government's determination to bolster labour rights in a country staggering under massive unemployment.

Tsipras added that his administration would implement a series of privatisations that it had previously opposed, and reform the value added tax system as well as the pension system.

"I am confident, I believe the political leadership of Europe will approach our positions with respect and join the side of realism," Tsipras said.

The move came as the chiefs of the IMF and the European Central Bank met with the leaders of Germany and France and the head of the European Commission on Monday to reportedly come up with a "final proposal" to put to Athens.

Tsipras is under pressure from his party's influential radical wing to reject any reform plan that piles more austerity on the recession-hit country.

"We do not accept ultimata or succumb to blackmail," Deputy Prime Minister Yiannis Dragasakis said in a tweet on Tuesday.

Other officials said the government would rather hold snap elections than accept a deal with more austerity.

"If the agreement is bad for the government, the people and the country it will not even be tabled in parliament... We will have to hold elections," junior social security minister Dimitris Stratoulis told Skai Radio.
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 pm alexis tsipras to meet eus juncker Arab Today, arab today pm alexis tsipras to meet eus juncker

 



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 pm alexis tsipras to meet eus juncker Arab Today, arab today pm alexis tsipras to meet eus juncker

 



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 Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
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 Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

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 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

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