Greek government will be engaged in tough and difficult negotiation talks as yesterday’s Eurogroup meeting showed while Commissioner Pierre Moscovici said that negotiation talks will end by Easter
Greece’s lenders are asking the government to take decisions, which are becoming more and more difficult, as the completion of the Greek program evaluation has been delayed, proving that Jeroen Dijsselbloem statements in January, who claimed that “evaluation will take months to complete”, were not at all assumptions.
Constructive negotiations
“The European Commission will do its best in order to achieve the rapid completion of the program’s review. However, this does not only depend on us,” European Commission spokesman Margaritis Schinas said on Monday regarding the date of the institutions’ representatives return in Athens.
He added that the first round of the negotiations was “constructive” adding that “substantial progress was recorded in several issues.”
He also underlined that intensive work at technical level continue so that the heads of the institutions’ representatives return “as soon as possible” in order to reach an agreement on a technical level in the coming weeks.
Critical meeting
In the meanwhile, Prime Minister Alexis Tsipras has arranged to meet with the President of the European Commission Jean-Claude Juncker in Brussels on Wednesday, a day ahead of the refugee summit.
During the meeting the Prime Minister will underline that reforms to be implemented in Greece must not cause any further “explosions”, in response to recent demand by the IMF’s Poul Thomsen for even more cuts.
With the European Commission and European Central Bank both stressing the need to complete the bailout review as soon as possible, the pension system reform – which is the greatest hurdle to overcome – will be at the forefront of Wednesday’s meeting, along with the return of the institutions to Athens, to complete the procedure.
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