Eurogroup to seek political agreement so that institutions return to Athens
The eurozone Finance Ministers will discuss the progress in the implementation of the Greek programme on Monday's (20/02/2017) Eurogroup as well as ways to continue the review of the second programme, according to the Eurogroup agenda. The Greek issue is third on the agenda.
Following the latest negotiations between the Greek authorities and the institutions, the Eurogroup will seek a political agreement on the conditions that would allow the institutions' return to Athens to continue the negotiations for the programme's review. Provided that the agreement is achieved and the institutions return to Athens soon, the technical issues of the second review will close quickly, eurozone sources said. The same sources said that only one third of the prior actions for the conclusion of the second programme review have been met.
Moreover, reports said that the institutions insist on their common view for precautionary measures after 2018 in order to safeguard the primary surpluses targets for many years after.
Regarding IMF's participation in the Greek programme, eyes are turned to German Chancellor Angela Merkel and IMF chief Christine Lagarde crucial meeting in Berlin on Wednesday.
Source: ana-mpa