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Athens Macedonian News Agency: News in English, 15-06-02

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Accelerated developments for a solution in Greek crisis
  • [02] Greece has sent 47-page draft agreement to creditors, sources say

  • [01] Accelerated developments for a solution in Greek crisis

    ANA-MPA -- Negotiations between Greece and its creditors are progressing at an accelerated pace and representatives of both sides are expected to convene for a Brussels Group meeting on Tuesday afternoon, a eurozone source said. The Eurogroup Working Group (EWG) is also expected to meet on Wednesday, sources said.

    Earlier, European Commission spokeswoman Annika Breidthardt said that Monday night's 'mini-summit' with German Chancellor Angela Merkel, French President Francois Hollande and the heads of the three institutions representing the creditors - European Commission, ECB and IMF - had evaluated the progress in negotiations between Greek authorities and the institutions, adding that the contacts will continue.

    Breidthardt said that Greece's international partners speak with one voice and that talks are continuing on all levels, while the institutions remain in close contact with Greek authorities in order to complete the negotiations, adding that Monday's meeting was held in this framework. European Commission sources said that Angela Merkel and Francois Hollande know very well each side's "red lines", following their talks with Greek Prime Minister Alexis Tsipras and the heads of the European Commission, the ECB and the IMF.

    Taking these developments into account, it is believed that a plan for a joint agreement will start being drafted in the next few hours. Commission sources noted that Monday's mini summit meeting was aimed at smoothing out differences between the institutions and forming a common political line. They also said it is possible that a decision will be adopted which will have a medium- rather than a long-term nature, since it will not include final arrangements for the Greek debt.

    [02] Greece has sent 47-page draft agreement to creditors, sources say

    ANA-MPA -- The Greek government submitted a comprehensive draft agreement running to 47 pages to the institutions representing Greece's creditors on Monday and is now awaiting their reply, government sources said on Tuesday. They said this proposal provides for a primary surplus of 0.8 pct in 2015 and 1.5 pct in 2016, as well as three VAT rates of 6 pct, 11 pct and 23 pct. Earlier, the government denied as inaccurate a report appearing in the website tovima.gr, citing sources, about the alleged contents of the Greek side's proposals. A Greek government non-paper on Tuesday said that no draft agreement has been received from the creditors' side, nor did the prime minister or other government official have contact with the institutions representatives. Foreign reports, mainly from the German media, said that a draft agreement has been sent to Athens claiming that it is a final proposal, which was not confirmed by the Greek government.
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