Al-Sisi, Cypriot president discuss Gaza ceasefire deal, bilateral cooperation    Egypt, EU discuss CBAM impact, green transition cooperation    Egypt's Health Minister showcases Women's Health Initiative at Berlin Innovation Forum    North Korea displays new 'Hwasong-20' ICBM at major military parade    Trump declares 100% tariffs on China, sending global markets tumbling    Egypt's balance of payments shows positive trends in FY 2024/25: CBE    Egypt's net international reserves rise $2.8bn to record $49.5bn in September 2025    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Nobel: The Prize That Honours Conscience, Not Power — and María Corina Machado, Who Changed the Equation    Egypt reconstitutes board of State Information Service    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's Sisi: Gaza ceasefire embodies 'triumph of the will for peace over the logic of war'    URGENT: Egypt's annual core inflation hits 11.3% in Sept – CBE    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Sisi invites Trump to Egypt to sign Gaza peace deal if talks succeed    Egypt's oil sector posts $598.3m net FDI inflow in FY2024/25 – CBE    Egyptian Open Amateur Golf Championship 2025 to see record participation    Egypt to meet IMF next week to set date for fifth, sixth reviews – PM    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Al-Sisi reviews education reforms, orders new teacher bonus starting November    Egypt's Cabinet approves decree featuring Queen Margaret, Edinburgh Napier campuses    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    URGENT: Egypt's Khaled El-Anany unanimously elected UNESCO director-general    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's Al-Sisi commemorates October War, discusses national security with top brass    Egypt screens 22.9m women in national breast cancer initiative since July 2019    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Greece Optimistic on Deal with Euro Zone Next Week
Published in Amwal Al Ghad on 26 - 03 - 2015

Greece is optimistic about reaching a deal on economic reforms with its euro zone peers early next week, unblocking urgently needed funding, its economy minister said on Thursday.
After talks with EU leaders including German Chancellor Angela Merkel in the past week, Athens said it would present a package of reforms to its euro zone partners by Monday in the hope of unlocking aid and avoiding bankruptcy.
"I believe that at the beginning of next week we will have an agreement on the package of reforms the Greek government is proposing, and on the funding of the country," Economy Minister George Stathakis told Antenna TV.
He did not specify when the list would be sent.
The reforms are a sensitive issue for Prime Minister Alexis Tsipras's leftwing government, which came to power in January pledging to end austerity.
It is not clear whether they will include measures agreed by the previous conservative-led government, such as privatizations and pension reforms.
Euro zone authorities have said Athens, which has been kept afloat by EU/IMF bailouts worth 240 billion euros since 2010, will not get any further aid until the reforms are approved by the bloc's finance ministers.
A source familiar with Greece's financial position told Reuters on Tuesday Athens would run out of money on April 20 without new cash.
In a setback to the government on Wednesday, Greece failed to secure a quick cash payment from the euro zone after officials said Athens was not entitled to 1.2 billion euros from the European Financial Stability Facility.
Source: Reuters


Clic here to read the story from its source.