All eyes on EWG meeting on January 12

27 December 2016
691 Views

The Euro Working Group (EWG) meeting on January 12 is the next focal point in talks between Greece and its European lenders after the two sides overcame a deadlock over a Christmas bonus granted to low-income pensioners by the left-led government.
The meeting of eurozone deputy finance ministers is set discuss the issue of short-term measures to ease Greece’s debt. The
EWG will also examine the review progress of the Greek bailout program.

Analysts expect no significant development over the next couple of weeks, as representatives of the institutions will be away due to holiday. Technical talks will continue, but no high level negotiation is expected to take place.
It is understood that the SYRIZA-led government wants to settle all outstanding issues by the upcoming Eurogroup meeting on January 26.

Analysts say this is unlikely as creditors want to weigh the stance of US President-elect Donald Trump on the role of the International Monetary Fund (IMF) in the Greek program. This should become officially known after January 20.

You may be interested

Coronavirus Greece: 1,607 new cases, 847 intubated, 78 deaths
GREECE
shares23 views
GREECE
shares23 views

Coronavirus Greece: 1,607 new cases, 847 intubated, 78 deaths

Panos - Apr 20, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 1,607, of which 7…

The National Interest: Why is Cyprus still divided? – Analysis
DEFENCE
shares242 views
DEFENCE
shares242 views

The National Interest: Why is Cyprus still divided? – Analysis

Panos - Apr 19, 2021

The division of Cyprus is fast approaching the half-century mark. In fact, that division has now lasted longer than that…

Research suggests ancient Greeks might have sailed to Canada
GREECE
shares25 views
GREECE
shares25 views

Research suggests ancient Greeks might have sailed to Canada

Panos - Apr 19, 2021

The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according…

Leave a Comment

Your email address will not be published.