Friday 21 January 2022, 11:37 AM
Eurogroup meeting ends fruitless, Greece insists it tabled proposals
By IANS | Bharat Defence Kavach | Publish Date: 7/8/2015 12:00:00 AM

Brussels/Athens: An emergency Eurogroup meeting in Brussels on the Greek debt deal ended inconclusive on Tuesday, with lenders saying that they expected to discuss Greece s proposals on Wednesday during a Eurogroup teleconference. The finance ministers of euro zone countries didn t receive new proposals they had expected from Greece on Tuesday, Eurogroup head Jeroen Dijsselbloem said after the crucial meeting.

"We welcome our new Greek colleague and listen to his assessment of situation after the no vote in Greece," he said in a short statement, adding that there are no new proposals from new Greek Finance Minister Euclid Tsakalotos, Xinhua reported. "The Greek government will send a new request letter for European Stability Mechanism (ESM) support, as soon as it comes in, I am hopeful that tomorrow morning we will have another conference call in the Eurogroup to formally start the process of dealing with the request," Dijsselbloem said.

He noted that the group will ask the European Union institutions to look at the financial situation in Greece. "And then the institutions will come back to us, and we will see whether we can formally start the negotiations," he said. However, Greek government sources dismissed the criticism, insisting that Greece s new Finance Minister Tsakalotos had in fact presented proposals. "Is the problem that we do not have proposals, or that they do not like our proposals? " a government source asked, according to the Greek national news agency AMNA.

The Greek side stressed that Greece s proposals had been rejected again. The statements from both sides were made as Greek Prime Minister Alexis Tsipras was holding a meeting with German Chancellor Angela Merkel and French President Francois Hollande in Brussels ahead of the extraordinary euro zone summit which convenes later on Tuesday on the Greek issue. According to government sources in Athens, the Greek side is requesting a two-year, 29-billion-euro-worth.

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Eurogroup meeting ends fruitless, Greece insists it tabled proposals (Roundup)

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