Greece’s opposition parties are among those that will be watching very closely over the next few days to see whether the government is able to reach an agreement with the institutions. The state of negotiations will play a crucial role in developments at New Democracy and PASOK.
Negotiations between Greece and its lenders are to continue for a second day on Friday, with Athens hoping that a positive outcome at the Brussels Group could lead to the government’s liquidity crisis being overcome quickly.
The leaders of Greece, Cyprus and Egypt signed the Nicosia Declaration on Thursday, aiming at strengthening relations between the three countries.
Brussels Group talks are due to resume on Thursday, with a beefed up Greek team consisting of 18 officials from a range of ministries taking part in the negotiations and reports suggesting that Athens is now willing to back down from some of its “red lines.”
The Greek government is to present its reform multi-bill to the Euro Working Group on Wednesday in the hope that this will move Athens and its lenders closer to an agreement that would unlock further bailout funding.
In his first TV interview since becoming prime minister, Alexis Tsipras expressed his optimism regarding an agreement with lenders in the next couple of weeks but said that he would consider holding a referendum if the institutions force the government to cross some of its “red lines.”
Technical talks between Greece and its lenders are due to resume via a Brussels Group teleconference on Monday as the government seemingly searches for a way to reach an agreement with its lenders following a stormy Eurogroup on Friday.
The meeting between Greek Prime Minister Alexis Tsipras and German Chancellor in Brussels on Thursday appeared to confirm that there is a gradual, but not total, convergence between the institutions and Athens, which seems increasingly alarmed by its lack of liquidity.
Relations between Greece and the USA became much tenser this week as a result of Greek Parliament approving on Monday a Justice Ministry bill that paves the way for November 17 terrorist Savvas Xiros to be released from prison before the end of his sentence and placed under house arrest.
Technical talks between Greece and its lenders have resumed, although there is hardly any chance of an agreement being reached before the end of the month.