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Home arrow About Us arrow Embassy of Greece in London arrow News arrow Government-Troika negotiations to continue past Oct. 18 EU Summit

Government-Troika negotiations to continue past Oct. 18 EU Summit

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The negotiations between the government and the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) 'Troika' of Greece's international lenders will continue past the October 18 EU Summit, as no final agreement on the new package of austerity measures is expected to be reached by that date.

Finance minister Yannis Stournaras, who on Monday briefed prime minister Antonis Samaras on the ongoing marathon deliberations, said after the meeting that the talks were at a "satisfactory level", adding that the workload is immense and a lot of work is necessary.

Sources told AMNA that everything will be decided at an extraordinary Eurogroup meeting to be convened in early November, and that Athens hopes that outstanding tranche of the EU-IMF bailout loan will be disbursed by mid-November.

Samaras will brief the leaders of the two junior parties of his coalition government on Tuesday, before his departure Wednesday for the European People's Party summit in Bucharest, while on Thursday he heads to Brussels for the EU Summit.

SOURCE: ATHENS NEWS AGENCY

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