Arab Today, arab today eu deal on reforms loans next week
Last Updated : GMT 14:16:47
Arab Today, arab today
Arab Today, arab today

Greece's PM Alexis Tsipras:

EU deal on reforms, loans next week

Arab Today, arab today

Arab Today, arab today EU deal on reforms, loans next week

Greece's PM Alexis Tsipras
Athens - Arab Today

Greece's economy minister on Thursday said the country would next week reach a long-awaited accord with its creditors providing funds vital to avert a state default.
"I think at the beginning of next week we will have a deal, both over the reform package proposed by the Greek government, and over the flow of funding," Giorgos Stathakis told Antenna TV.
Greece's new radical left government is in a race to reach an accord with its EU-IMF creditors by next month before state coffers run dry.
The radicals, who came to power in January pledging to roll back unpopular austerity reforms, have received none of the money remaining in Greece's 240-billion-euro ($263 billion) bailout until it can table a credible alternative reform plan.
Athens faces a heavy repayment schedule from June onwards, with over 6.8 billion euros due in July alone.
Greek banks were until now the main source of financing for the government, but the European Central Bank has restricted their ability to purchase short-term debt known as treasury bills, the main instrument used by Athens for emergency financing.
This week, the ECB explicitly urged Greek banks to avoid increasing their exposure to Greek sovereign debt.
And the government on Wednesday also failed to persuade European officials to return 1.2 billion euros which it says was unduly returned to the eurozone's bailout fund.
The Financial Times on Tuesday reported that the government had drawn funds from state corporations to meet its financing needs.
The finance ministry did not immediately comment on the report.
Last month, European officials gave Greece until April to come up with an alternative reform plan.
The government has pledged to submit a detailed list by Monday.
Greek officials are hopeful that talks between Prime Minister Alexis Tsipras and German Chancellor Angela Merkel earlier this week have improved chances of a breakthrough.
"After the talks, the political climate is excellent," Stathakis said.
Source: AFP

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 eu deal on reforms loans next week Arab Today, arab today eu deal on reforms loans next week

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 22:38 2017 Friday ,17 February

Investment promotion would be Sahar Nasr's main task

GMT 13:17 2017 Wednesday ,15 February

Yemeni accuses militias of challenging oil

GMT 09:12 2017 Saturday ,11 February

Algorithms: the managers of our digital lives

GMT 09:07 2017 Saturday ,11 February

The biggest players today on Wall Street? Algorithms

GMT 08:15 2017 Saturday ,11 February

Tesla chief in public feud with auto workers union

GMT 06:23 2017 Thursday ,09 February

Oil market can cope with higher shale output

GMT 14:10 2017 Friday ,03 February

Reasons of growth rate conflicting numbers
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
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