PM ‘isolated’ at Rome summit over bailout talks, EU statement

23 March 2017
202 Views

With uncertainty growing over dragging bailout talks, Prime Minister Alexis Tsipras arrived in Rome on Thursday for a European Union leaders’ summit on Saturday that aims to declare unity as Brexit looms.

Although Tsipras has no planned meetings on the sidelines of the summit tomorrow, his aides indicated that he may meet some officials to discuss the progress of bailout talks and Greece’s stance on the joint declaration EU leaders aim to sign to mark the EU’s 60th anniversary.

Greek officials have indicated that they will only sign a declaration including a reference to the need for workers’ rights to be protected. Initially sources had suggested that Athens would boycott the signing, a potential setback to an event aiming to issue a message of unity.

But Tsipras’s office denied reports that Athens might withhold support for the declaration. Athens simply wants the declaration “enriched… to highlight the importance of the European Social Model, which includes the protection of workers,” his office said.

The insistence of the International Monetary Fund on the further deregulation of the labor market in Greece, enabling employers to conduct mass firings but depriving workers of collective bargaining rights, has been the key sticking point in bailout negotiations.

Meanwhile German Finance Minister Wolfgang Schaeuble and other foreign officials have indicated that creditors’ may also need the backing of the political opposition for measures to come into effect after 2019 when general elections are to take place in Greece.

The news of the demands has not been well received by the conservative opposition New Democracy, which remarked that the main problem is the government’s “irresponsibility,” not ND’s lack of support.

The bailout talks were also discussed by Greek President Prokopis Pavlopoulos and German Foreign Minister and Vice Chancellor Sigmar Gabriel in Athens on Thursday.

“Greece stands with Germany and with all EU partners so that we can build a Europe that is prosperous, increasingly competitive, a Europe that respects the basic properties and values on which it was built, namely democracy, rule of law and social justice,” Pavlopoulos said.

You may be interested

Regling: “We are ready to ease the Greek debt”
FINANCE
shares20 views
FINANCE
shares20 views

Regling: “We are ready to ease the Greek debt”

makis - Feb 23, 2018

Technical work has begun to determine whether Greece will need a debt relief after an expected exit from the rescue…

Turkey threatens violence against Italian drill ship anew in Cyprus!
GREECE
shares33 views
GREECE
shares33 views

Turkey threatens violence against Italian drill ship anew in Cyprus!

makis - Feb 23, 2018

Turkey continued its belligerent stance off the coast of Cyprus on Friday, as it openly threatened violence against the Italian…

Greek PM Tsipras met with German Chancellor Merkel on EU Summit sidelines
POLITICS
shares29 views
POLITICS
shares29 views

Greek PM Tsipras met with German Chancellor Merkel on EU Summit sidelines

makis - Feb 23, 2018

Greek PM Alexis Tsipras met with German Chancellor Angela Merkel on the sidelines of the Brussels EU Summit, Thursday. According…

Leave a Comment

Your email address will not be published.