Arab Today, arab today eurozone ministers insist on new proposal for greece summit
Last Updated : GMT 20:18:41
Arab Today, arab today
Arab Today, arab today

Eurozone ministers insist on 'new proposal' for Greece summit

Arab Today, arab today

Arab Today, arab today Eurozone ministers insist on 'new proposal' for Greece summit

Austrian Finance Minister Hans Jorg Schelling
Luxembourg - AFP

Eurozone ministers on Friday insisted that an emergency leaders' summit called to solve the Greece debt crisis required firm proposals by Athens in advance of the meeting.

"Calling a summit that will not be prepared if there is no arrangement this weekend, I don't find that very constructive," said Austrian Finance Minister Hans Jorg Schelling arriving for a meeting with his European Union counterparts.

"We don't know if Greece is going to make a move and make new proposals. Taking this to the political level, as Greece does, is obviously a double-edged sword," he added.

EU President Donald Tusk called a summit of the leaders of the 19 eurozone countries on Monday in Brussels after finance ministers on Thursday failed to break the five-month-old deadlock between the anti-austerity government in Athens and its EU-IMF creditors.

"It's very important that this is first prepared on the technical level because we need to have some kind of a proposal on the table for the euro summit," Finnish Finance Minister Alex Stubb said Friday.

Any deal between the Greek authorities and its creditors will first require an agreement on the technical details, negotiated by teams of experts from the institutions overseeing Greece's bailout -- the International Monetary Fund, the European Commission and the European Central Bank.

Several rounds of talks to strike a cash for reforms deal at this level have broken off in the five months since Syriza came to power, with the government insisting that any agreement be negotiated at the higher political level.

But any deal "must be prepared by the institutions, then discussed in the Eurogroup (of euro finance ministers) and the heads, of course, have the right and responsibility to discuss political issues," said Lithuanian Finance Minister Rimantas Sadzius.

A source close to the negotiations said Athens had made no outreach to the institutions since the last round of talks broke off suddenly on Sunday although Greece says it has put forward proposals for consideration.

"It's very much for them to come forward," the source said.

He added that a meeting of Eurogroup ministers was also required in advance of a eurozone summit and that this would "probably" take place Monday, a few hours before the arrival of the leaders.

 

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 eurozone ministers insist on new proposal for greece summit Arab Today, arab today eurozone ministers insist on new proposal for greece summit

 



Arab Today, arab today
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott

GMT 11:50 2017 Thursday ,23 March

Bulgaria's economy: a tale of extremes

GMT 15:54 2017 Wednesday ,22 March

Amazon deal for Souq.com is back on

GMT 13:03 2017 Wednesday ,22 March

Germany should ditch austerity, embrace EU investment

GMT 10:43 2017 Wednesday ,22 March

Bags carry Hermes to record profit
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
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