The terrorist attack on former Prime Minister Lucas Papademos in Athens on Thursday drew attention away from Monday’s Eurogroup, but discussions continue in the background.
Prime Minister Alexis Tsipras gave mixed messages on Wednesday about what kind of proposal he might accept at the June 15 Eurogroup.
The failure of Greece's lenders to reach a deal at Monday's Eurogroup has sparked doubts about whether Athens will be offered any restructuring plan at this stage of the negotiations.
Monday’s Eurogroup ended without an agreement on debt relief for Greece, with a possible decision being put back to the next gathering of eurozone finance ministers on June 15.
Greece goes into Monday’s Eurogroup without any certainty that its lenders will arrive at a common position on how to put its public debt on a sustainable path.
The multi-bill of measures agreed between the Greek government and its lenders passed through Parliament in Athens on Thursday night with the support of all 153 coalition MPs.
Prime Minister Alexis Tsipras appears upbeat that an agreement on debt relief will be secured at Monday’s Eurogroup, although this was not backed up by officials on the lenders’ side.
Coalition MPs passed on Tuesday their first test ahead of this week’s final vote on the multi-bill as tension builds ahead of Thursday’s ballot.
A crucial week begins for the government, which submitted to Parliament late on Saturday the multi-bill of measures, including the 2018-2021 Medium-Term Fiscal Strategy (MTFS), ahead of a vote on Thursday night.
The government has made a last-minute bid to secure the votes of all 146 SYRIZA MPs in the upcoming vote on the multi-bill, which appears on track to be held before the May 22 Eurogroup.