The Greek proposal, made in a conference call with heads of the so-called troika of European Union and International Monetary Fund lenders, came after a German-led group of European creditor countries made clear they were unsatisfied with measures unveiled just last week.
Senior European officials had hoped that finance ministers from the 17 eurozone countries would back at a weekend summit in Poland the troika’s return to Athens. Instead, ministers from Germany, the Netherlands and Austria hardened their stance, saying they would insist on seeing troika experts’ technical analysis of the new Greek proposals before deciding on how to proceed. “There clearly was a coordinated message from the triple A countries”, said a senior European official involved in the talks. “We see Greece have gone a long way, but they will have to do more.”
Full article (FT subscription required)
© Financial Times
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article