Politics

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Greece and creditors eye compromise to move review along

Away from the rhetoric generated by Saturday’s WikiLeaks publication, Greece and its lenders appear to be edging towards a compromise on how to get the bailout review moving and to secure a disbursement before Athens runs into payment problems in July.

Athens in quandary over IMF as Fund's role in bailout is firmed up

The Greek government continued on Wednesday to give mixed messages about the International Monetary Fund’s involvement in the bailout, despite Chancellor Angela Merkel reaffirming Germany’s position that the IMF should be part of the programme following a meeting with the Fund’s managing director, Christine Lagarde, a day earlier.

Photo by MacroPolis Tsipras plays to domestic gallery over IMF dispute

Speaking to SYRIZA MPs on Monday night, Prime Minister Alexis Tsipras gave no clear indication that he intends to use the furore over the WikiLeaks transcript to force a situation in which the International Monetary Fund leaves the Greek programme.

Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6 Leaked IMF exchange sours mood before bailout review resumes

This week will serve as a good guide to whether the furore over the publication by WikiLeaks of a secretly recorded conversation between Poul Thomsen, the head of the International Monetary Fund’s European department, and Delia Velculescu, the IMF mission chief will be a temporary domestic distraction or could undermine the uneasy relationship between Greece and its lenders, and among the institutions themselves.

Photo by MacroPolis Obstacles to centre-left alliance in Greek politics piling up

PASOK leader Fofi Gennimata is set to begin touring the country to raise the profile of her party but has not given up hope of brokering an alliance with some of its rivals even though this is increasingly looking like a non-starter.

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