BRUSSELS (Reuters) – The top-level meeting on the Greek debt dispute in Brussels has brought no visible breakthrough in the early hours of Thursday.
Euro group chief Jeroen Dijsselbloem announced after several hours of negotiations with the Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker in the coming days to further talks. The EU Commission stated that there had been progress in understanding the respective positions on the basis of the current proposals. The meeting was constructive.
According to Tsipras, the Greek government is when it comes to primary surplus – come very close to an agreement with the lenders – ie the state budget without debt service. When asked whether Athens will make the upcoming Friday for repayment of a rate to the International Monetary Fund (IMF) in the amount of 300 million euros, Tsipras said after the meeting: “Do not worry, we will pay more.” On Wednesday the spokesman of SYRIZA parliamentary group in Athens, Nikos Filis, threatened to stop payments to the IMF if there is no prospect of agreement.
In Brussels, Juncker had initially advised only with Dijsselbloem, then for one and a half hours with Tsipras. The primary surplus Greece has proposed According to government officials, to reach 0.8 percent compared to economic output this year. According to insiders, the creditors of the country calling for 1.0 percent. From the value of the ability of a country can be derived, remove his debts.
Without an agreement with donors Greece threatens national bankruptcy. Specifically it comes to the disbursement of 7.2 billion euros from the current to the end of June utility. At the same time Greece has until month end loans to the International Monetary Fund (IMF) of a total of 1.6 billion euros to repay. Whether the country can afford all payments this month, is open. At the same time, the time is running out for a deal before Sunday beginning G7 summit in Elmau.
The Syriza Group spokesman Filis According to the Greek Government could also call new elections. This applies to the case that donors made demands that went “red line” of the party about the he said the station Mega late Wednesday evening.
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