Home Analysis No answer for Greece, no meeting for Tsipras?

No answer for Greece, no meeting for Tsipras?

by Dragan Stankovic

choose forex - Greece cloudedAlthough EU officials said yesterday that they instantly refused the proposal Greece delivered to them, statements coming from Athens claim they got no response. The cash for reforms deal is still on shaky ground, but now there is a lot of anxiety between the negotiators.

But new information is in the spotlight today, after a member of the French government issued a press release that no meeting between his president Francois Hollande, the German Chancellor Angela Merkel and Greece’s Prime Minister Alexis Tsipras is scheduled for this Wednesday.

This is sort of shocking information, as it was previously confirmed by the Greek government that this meeting between Tsipras, Merkel and Hollande was set to be held in Brussels. Just a reminder, there is a summit scheduled there from Wednesday on which Tsipras was not invited.

Along with the proposal for the IMF and the European Union, the Greek government delivered two supplementary documents with reserve solutions for the fiscal gap and the sustainability of the debt itself. This was underlined in a statement made by Athens officials.

The documents were given to the EU Commissioner Pierre Moscovici directly on Monday night. Two days have passed, but according to Greece’s government no answer has been given to them yet from Brussels.choose forex - Tsipras negotiations

The head of the euro group finance ministers, Jeroen Dijsselbloem, indicated that the alleged meeting between Tsipras, Merkel and Hollande to be held on Wednesday, is at least questionable, if not unreal. This follows after other officials from Brussels already dismissed Greece’s proposal as insufficient for the euro zone members to accept.

Official Paris also stated a press denial about the scheduled meeting. “ No meeting with Tsipras is on the agenda for the next days. But anything can happen once we get there “.

The European Commission chief, Jean Claude Juncker, has no intention what so ever to meet with Tsipras for now. He believes that the misleading of his own parliament and misrepresenting the creditors, shows that the Prime Minister of Greece is unrealistic. “The ball at the moment is on the Greek side of the court. They need to hold on and fulfill the promises they gave last week on the meeting with mister Juncker “ – said spokesman Margaritis Schinas at a press conference.

greece depthBut the main problem remains. Greece stands on its position that unless debt relief is offered, they won’t sign any deal. The euro zone creditors on the other hand, say that there won’t be any sort of debt rescheduling until a deal is signed and implemented.

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