Another Eurogroup meeting on Greece ends in frustration

Author (Person)
Series Title
Series Details 25.06.15
Publication Date 25/06/2015
Content Type

Report of developments in the Greece debt crisis negotiations between Greece and the eurozone governments and the Troika (European Commission, European Central bank and International Monetary Union) at a meeting of Eurozone Finance Ministers, Brussels, 25 June 2015 and the European Council, Brussels, 25 June 2015.

European Council President Donald Tusk said in the early hours of the 26 June 2015 that there was still no agreement between Greece and the Institutions and hence no agreement in the Eurogroup. Eurozone Finance Ministers would meet again on the 27 June 2015 to hopefully conclude this process.

News sources and commentators reported however that as a deal remained elusive, Greece risked bankruptcy if it did not unlock bailout funds by 30 June 2015, when a repayment to the International Monetary Fund (IMF) for €1.6bn was due. A deal between Greece and its creditors was considered essential by the 27 June 2015, as various constitutional procedures were necessary in Greece and certain countries before the 30 June dealine.

Source Link Link to Main Source http://www.euractiv.com/sections/euro-finance/another-eurogroup-meeting-greece-ends-frustration-315764
Related Links
ESO: Background information: The Greek debt crisis: Key sources http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/
ESO: Background information: European Council, Brussels, 25-26 June 2015 http://www.europeansources.info/record/european-council-brussels-25-26-june-2015/
ESO: Background information: Eurogroup meeting, Brussels, 22 June 2015 / Euro Summit, Brussels, 22 June 2015 http://www.europeansources.info/record/meeting-eurogroup-meeting-brussels-22-june-2015-euro-summit-brussels-22-june-2015/
EUObserver, 25.06.15: Greek talks postponed to Saturday https://euobserver.com/news/129296
Politico, 25.06.15: Greek crisis casts pall over EU summit http://www.politico.eu/article/greek-crisis-eu-summit-grexit/
Politico, 25.06.15: The trust gap on Greece http://www.politico.eu/article/grexit-greece-tsipras-eurozone/
BBC News, 25.06.15: Greece debt talks: Crisis deepens amid deadlock http://www.bbc.co.uk/news/world-europe-33265923
Deutsche Welle, 22.06.15: Greece in overtime http://dw.com/p/1FnWH
The Guardian, 25.06.15: Weekend deadline for Greece after negotiations draw blank http://www.theguardian.com/business/2015/jun/25/weekend-deadline-greece-after-negotiations-draw-blank
Eurogroup: Press Release, 25.06.15: Exit doorstep remarks by Jeroen Dijsselbloem following the Eurogroup meeting of 25 June 2015 http://www.consilium.europa.eu/en/press/press-releases/2015/06/25-eurogroup-exit-doorstep/
Kathimerini, 26.06.15: Crisis talks on Greece to stretch into the weekend http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_25/06/2015_551524
European Parliament: Newsroom: Press Release, 25.06.15: Schulz on need for Greece agreement: 'We are called upon to carefully weigh the risks' http://www.europarl.europa.eu/news/en/news-room/content/20150623STO69771/
To Vima Online, 26.06.15: Berlin's shocking aggressiveness towards Athens (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE165277-Berlin-s-shocking-aggressiveness-towards-Athens
De Telegraaf, 26.06.15: Greece has all Europe in a stranglehold (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE165265-Greece-has-all-Europe-in-a-stranglehold
Deutsche Welle, 26.06.15: Athens given a 'clearly unviable' deal says Varoufakis http://dw.com/p/1Fnlz
European Policy Centre: EPC Commentary, 29.06.15: Post-Summit Commentary – Greece on the brink http://aei.pitt.edu/65603/

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