Greece Resumes Talks with the Institutions

Greece Resumes Talks with the Institutions

Greece and the Institutions resumed talks yesterday aiming at reaching a so-called Staff Level Agreement today that could be rubber-stamped by Eurozone FinMins over an extraordinary Eurogroup on Thursday (April 28).
According to government sources there is still distance especially on the “automatic correction mechanism”, which would cut funding anytime there is divergence on the surplus target.
Yesterday, EC President’s spokeswoman, A. Breidthardt, reiterated Eurogroup head’s statement that an extraordinary Eurogroup meeting will only take place if there is sufficient progress, while also refraining from commenting on any details regarding the contingent measures package.


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