Eurogroup to focus on second programme review

26 January 2017
630 Views

The Eurogroup meeting on Thursday will focus on the second programme review.

The conclusion of the second programme review can be achieved by the Eurogroup in February, a senior eurozone official on Wednesday said adding that the participation of the IMF in the Greek programme is a prerequisite.

He also said that the Eurogroup on Thursday will discuss the progress made in the second programme review and the continuation of the negotiations between the government and the institutions in the near future.

The EU official estimated that there are good chances for the four institutions to find common ground so as to return in Athens for the conclusion of the review. He also said that the Greek authorities will be in a position to agree on the basic parametres and therefore the conclusion of the second review be achieved by February’s Eurogroup.

As regards the IMF demand to legislate in advance measures for the period after 2018, he acknowledged that it is a great issue that needs to be dealt with in order to find a solution.

Regarding the IMF, he stressed that its full participation in the programme is a sine qua non. Otherwise, he said that the non-participation of the Fund in the programme would bring significant technical problems and long delays.

Finally, the official noted that February is the last month in which a solution can be found, as he said in March, as a “long electoral period” starts for a number of member states.

You may be interested

Visit the Greek island in the 100 most impressive list in the world
GREECE
shares18 views
GREECE
shares18 views

Visit the Greek island in the 100 most impressive list in the world

Panos - Aug 05, 2021

Ios was recently included in the list of the most impressive islands in the world on the news site Insider.com.…

Mitsotakis: The critical infrastructures endured – The houses will be rebuilt
GREECE
shares21 views
GREECE
shares21 views

Mitsotakis: The critical infrastructures endured – The houses will be rebuilt

Panos - Aug 05, 2021

The Greek Prime Minister, Kyriakos Mitsotakis and the Deputy Minister of Civil Protection, Nikos Hardalias made statements after the extraordinary…

Ancient Olympia: The International Olympic Academy is safe for now – Battle with the fire resurgences (video)
GREECE
shares24 views
GREECE
shares24 views

Ancient Olympia: The International Olympic Academy is safe for now – Battle with the fire resurgences (video)

Panos - Aug 05, 2021

A new alarm for Ancient Olympia as, early in the morning, a new front emerged, heading towards the facilities of…

Leave a Comment

Your email address will not be published.