Arab Today, arab today serious progress in greece talks but work to do
Last Updated : GMT 18:20:30
Arab Today, arab today
Arab Today, arab today

EU Commissioner Pierre Moscovici:

'Serious progress' in Greece talks but 'work to do'

Arab Today, arab today

Arab Today, arab today 'Serious progress' in Greece talks but 'work to do'

Entrance of a shop in Athens
Paris - Arab Today

There has been "serious progress" in talks over Greece's debt crisis but much still needs to be achieved, the EU's commissioner for Economic and Monetary Affairs said on Tuesday.

There is still "work to be done," Pierre Moscovici told French radio after emergency negotiations in Berlin joined unexpectedly by the heads of the International Monetary Fund and the European Central Bank.

The late-night meeting in the German capital was also attended by Chancellor Angela Merkel, French President Francois Hollande and European Commission head Jean-Claude Juncker.

The aim was to come up with "a final proposal" to present to Athens, according to German daily Die Welt.

But Merkel's office said after the meeting only that the quintet agreed to work together "intensely" in the coming days and would stay in "close contact".

"These discussions are starting to bear fruit," said an optimistic Moscovici.

"There is a solid basis to progress but we're not there yet" and "there are efforts to be made on both sides to get there," he admitted.

He stressed that he "ardently wanted Greece to stay in the eurozone" but that "time was pressing."

The country faces a key deadline on Friday when it is due to repay 300 million euros to the IMF. There are fears Greece does not have the necessary funds and will default, possibly setting off a chain of events that could end with a messy exit from the euro.
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 serious progress in greece talks but work to do Arab Today, arab today serious progress in greece talks but work to do

 



Arab Today, arab today

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 serious progress in greece talks but work to do Arab Today, arab today serious progress in greece talks but work to do

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
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