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Friday, February 13, 2015

EU Summit: Glimmer of Hope as Greece, Lenders Seem Closer for Agreement

A glimpse of hope arose in the European Summit as Greece and its partners appeared to find some common ground for a “bridge agreement” between the debt-ridden country and its international lenders. The Greek government agreed to hold talks with the country’s creditors, while Germany’s Chancellor Angela Merkel said she is ready to work with Greece for a solution. “(We) agreed today to ask the institutions to engage with the Greek authorities to start work on a technical assessment of the common ground between the current program and the Greek government’s plans,” Eurogroup chairman Jeroen Dijsselbloem, tweeted. Greek Finance Minister Yanis Varoufakis and his eurozone counterparts raised doubts for Greece’s future as they failed to issue a common statement at a Eurogroup that ended early on Thursday morning. “Today we made some important steps, we have not covered all the distance, but we proved that teh European Union is a place of conflict but also of compromise,” said Greek Prime Minister Alexis Tsipras at a press conference following the summit. “The talks will continue on Monday’s Eurogroup for a bridge agreement that will ultimately lead us to a new contract between Greece and its partners,” he added.


READ THE ORIGINAL POST AT greece.greekreporter.com