Breidthardt: All Sides Working Hard for Progress on Greek Review Ahead of February 20 Eurogroup

Tuesday, February 14th, 2017
Last Update: 18:39

The European Commission is working hard, together with all the partners, to complete the review so that the Greek economy can continue to grow, EC spokesperson Annika Breidthardt repeated on Tuesday.

The spokeswoman for European Commissioner for Economic and Financial Affairs Pierre Moscovici also referred to his upcoming visit to Greece on Wednesday, clarifying that this was of a “political nature” and not linked to the institutions’ mission to Athens.

Breidthardt, citing Moscovici’s statements during a press conference on Monday, stressed that this was a critical moment when “we must choose whether to build on progress or undermine it. For the moment, she added, work was continuing from the base of the institutions and there was no precise date for their return to Athens.

According to a Community source, meanwhile, Eurogroup President Jeroen Dijsselbloem is in close communication with Greek authorities and the International Monetary Fund (IMF) to discuss the details of the outline agreement discussed during Friday’s meeting, in order to satisfy all sides. A number of scenarios are being discussed in this context, such as the legislation of the measures in two “installments” and the inclusion of “positive” measures in the case that Greece once again exceeds its targets. According to the source, the aim is to achieve the maximum possible progress before the Eurogroup meeting on Monday and that there was “broad consensus” for this reason.

Moscovici’s visit to Athens will include a meeting with Greek Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos, as well as talks with main opposition New Democracy leader Kyriakos Mitsotakis, Breidthardt said. He will also be awarded a medal by President of the Hellenic Republic Prokopis Pavlopoulos and be named an honorary doctorate from the University of Athens.(source: ana-mpa)

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