All eyes on EWG meeting on January 12
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 deathsPanos - 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? – AnalysisPanos - 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 CanadaPanos - Apr 19, 2021
The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according…