EU source: Negotiations with Athens may drag on until summer

Α Decrease font Enlarge font
EU source: Negotiations with Athens may drag on until summerThe latest "unofficial deadline" to concluding the now long-overdue second review of the Greek program appears to have been lost

The latest "unofficial deadline" given for finally concluding the now long-overdue second review of the Greek program (third bailout), which was none other than Monday, March 20, appears to have been lost, with the only consolation being the prospect of a decision by the Eurogroup on the same day for a return of institutional creditors to Athens.

Nevertheless, "significant progress" in closing existing differences and even "guarantees" by the Greek side are, according to reports, the conditions required by creditors for a return of their representatives.

If Monday goes by the wayside, the next "unofficial deadline" on the calendar is the April 7 Eurogroup meeting.

However, the IMF's tight deadlines for April, given the annual spring meeting by the Fund at its Washington D.C. headquarters from April 18 to 22, leaves very little room for an agreement that will include measures for the Greek debt - a standing demand by the IMF to guarantee that the debt sustainable.

The more-or-less negative view over coming deadlines was expressed on Thursday by a top Eurozone official in the Belgian capital.

"It's technically possible, it's not, necessarily, politically possible," the EZ source said.

Teleconferences are expected to continue on Friday between the embattled Tsipras government and creditors' negotiators, and possibly over the weekend. If progress is judged to be satisfactory and if and if the Greek side offers its partners certain guarantees then Eurozone ministers may decide on Monday to send their representatives back to Athens.

"This may be the last chance for Greek government to conclude the review to conclude, otherwise April will be lost and negotiations will drag on until the summer," the EZ source said.   

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

  1. 23/03 01:00

    Media: Magaluf in Maldives to fine drunk Brits €500 for anti-social behaviour

  2. 23/03 00:53

    Business Travel: How employers block the new trend of "bleisure"

  3. 23/03 00:41

    Athens students and teachers visit Lemnos Gallipoli Memorial and Shrine

  4. 23/03 00:32

    Greek PM calls to congratulate Russia's Vladimir Putin on re-election

  5. 23/03 00:24

    Bill on pets and strays to make neutering obligatory across Greece

  6. 23/03 00:21

    Greek PM criticizes tax havens and calls for fiscal justice at European Council

  7. 23/03 00:17

    Chinese Fosun to bid again for Greece's Ethniki Insurance

  8. 23/03 00:13

    Report: Works of art inspired by the Greek War of Independence

  9. 22/03 23:55

    CNN on Greece: Enough perfect locations to last anyone a lifetime of vacations!

  10. 22/03 23:43

    WTTC: Tourism accounted for 10.4% of global GDP and 9.9% of total employment in 2017

  11. 22/03 23:35

    Greek Evzones as Guard of Honor at Melbourne’s Parliament House (video)

  12. 22/03 23:32

    Trip Advisor: Crete among top-5 destinations in the world for 2018

  13. 22/03 23:20

    Greek Foreign Minister begins historic visit to neighboring Skopje

  14. 22/03 23:15

    Survey: How many Greeks fast for Great Lent and Holy Week

  15. 22/03 22:41

    White House and US President Trump celebrate Greece and Greek community

  16. 22/03 22:24

    Greek singer to perform at White House on Independence Day March 25th

  17. 22/03 20:11

    Mykonos Mayor: Our island is betting on Greek-American tourists

  18. 22/03 18:08

    MEDFEST program to promote culinary tourism in Greece

  19. 22/03 16:56

    Greek film to be screened at New York City Independent Film Festival

  20. 22/03 14:51

    First football club hotel under construction by Juventus in Continassa

  21. 22/03 14:45

    Russian cosmonaut lauds Greek tourist resorts in video message from space

  22. 22/03 10:25

    'Nature for Water' the theme for 25th World Water Day

  23. 22/03 02:24

    Greek Archaeologists appalled by deaths and monuments destruction in Afrin

  24. 22/03 02:21

    Study: New opportunities arise in Greece's healthcare sector

  25. 22/03 02:18

    WiFi4EU: Registration opens for free wireless internet hotspots in public spaces

  26. 22/03 02:14

    Greek port of Igoumenitsa wins EU’s sustainable mobility award

  27. 22/03 01:52

    Greece's Amphipolis archaeological study in dire need of funding

  28. 22/03 00:24

    Eni CEO: East Mediterranean gas could supply whole of Europe

  29. 22/03 00:19

    Another Greek Bank implements ambitious digital transformation plan

  30. 22/03 00:06

    Media: Next Assassin’s Creed video game set in ancient Greece

  31. 21/03 23:44

    Deutsche Telekom acquires remaining 5% stake in Greece's OTE

  32. 21/03 22:52

    SNF signs memorandum of collaboration with Greek State (video)

  33. 21/03 21:20

    Benaki Museum and Aria Hotels ally for Leigh Fermor House

  34. 21/03 19:18

    Report: The Death of Cash in Travel

  35. 21/03 19:09

    Athens Airport Innovation Challenge: THE DIGITAL GATE II winners

  36. 21/03 18:57

    Good Friday Summit in Crete's ancient Lappa focuses on cultural values

  37. 21/03 18:48

    Sharing Economy: In Europe, we made a "Bang" but it wasn't "Big"

  38. 21/03 18:30

    Greek Cypriot from United Kingdom voted best teacher in the world

  39. 21/03 15:39

    Mycenaean findings: Gigantic 1250 BC building project in northern Copais

  40. 21/03 14:24

    Report: New book highlights Greek Diaspora’s benefaction work

  41. 21/03 14:17

    Greek Art Theater Karolos Koun in Athens honors the 1821 revolution

  42. 21/03 12:12

    Greek state arrears to private sector down to €2.443 billion in January

  43. 21/03 01:16

    Land registry offices in go-slow mode across Greece

  44. 21/03 01:11

    Central banker: Greece needs steep increase in private investments

  45. 21/03 01:06

    Greek privatization fund: Better offer for rolling stock maintenance provider

  46. 21/03 00:56

    Tasty Greek oregano leads to unique herb business

  47. 21/03 00:52

    Hermes Airports launches a new magazine in Larnaka and Paphos

  48. 21/03 00:41

    Earth Hour: Switching off the lights for 60 minutes on March 24

  49. 21/03 00:34

    Report: Prince Harry and Meghan Markle in ‘Greek island stopover’

  50. 21/03 00:23

    Greek opposition leader talks investments with Emir of Qatar

  51. 21/03 00:16

    Exhibition ‘Fred Boissonnas in Egypt’ at Athens Benaki Museum

  52. 21/03 00:14

    TUI accelerates expansion of its cruise fleet in Germany and UK

  53. 21/03 00:05

    Herta Muller will read from her book in Athens on March 21 and 22

  54. 20/03 23:56

    Diaspora: “Macedonia is Greece” rally takes place in New York (video)

  55. 20/03 23:40

    Greek Weather: Ski in the northern mountains, swim in the southern beaches

  56. 20/03 22:51

    Niarchos Foundation to sign deal with Greek State over health services

  57. 20/03 22:35

    E-auctions for foreclosed properties by Greek state to commence on April 27

  58. 20/03 16:27

    Report: Morsel Spork, the ultimate camping utensil (video)

  59. 20/03 14:50

    Report: Laws around the globe that can send tourists to jail - no mooning in Greece

  60. 20/03 14:19

    Spring Equinox at 18:15 on Tuesday marks official start of season in Greece

  61. 20/03 12:20

    German tourism: Bookings for Greece, Turkey and Egypt rise as Spain retreats

  62. 20/03 11:00

    SightRunnin' Greece: Discover the city with your running shoes

  63. 20/03 02:31

    Cyprus residents' trips abroad rise by 1.7% in February this year

  64. 20/03 02:27

    Study: Wages in Greece decrease by 19.1% since 2010

  65. 20/03 02:20

    Melbourne’s historic Orthodox Church re-opens after disastrous fire

  66. 20/03 02:17

    Greek merchant shipping fleet up in numbers during January

  67. 20/03 02:05

    Hotels: Ikos Resorts expand to Spain

  68. 20/03 02:00

    US Ambassador visits and lauds ancient site at Dodoni in Epirus, Greece

  69. 20/03 01:56

    Tourist arrivals up by 23.4% in Cyprus during February

  70. 20/03 01:51

    Holocaust survivor Moshe Aelion leads Remembrance March in Thessaloniki

  71. 20/03 01:45

    "Travels in Greece" show on display at Benaki Museum in Athens

  72. 20/03 01:38

    Greek PM: Tourism will be a driving force for the economy

  73. 19/03 23:57

    Visit Greece: Things to do with kids in Athens and the islands

  74. 19/03 23:51

    Dimera Group to focus on logistics, food and hotels in Greece

  75. 19/03 23:48

    Lufthansa launches new #SayYesToTheWorld campaign in India

  76. 19/03 23:20

    Russian tourism: Greece's ranks 4th among top destinations in May

  77. 19/03 22:53

    Central Athens metro station to close on Tuesday for Afrin rally

  78. 19/03 20:40

    Transfer of Thessaloniki port stake to be concluded by early next week

  79. 19/03 18:15

    Greek PM visits Tinos and meets island’s mayor

  80. 19/03 16:10

    Piraeus top port in EU: 32 million ferry boat passengers in Greece for 2015

  81. 19/03 14:04

    New York Rotary Club celebrates Greek Independence Day (video)

  82. 19/03 12:54

    Interview: Silicon Valley Robotics CEO visits Delphi in Greece

  83. 17/03 23:45

    Trikala in Thessaly becomes first Greek city with 5G technology

  84. 17/03 23:39

    Media: Prince Charles and Camilla Parker to visit Greece in May

  85. 17/03 23:29

    E-tickets to museums and archaeological sites soon in Greece

  86. 17/03 22:34

    Fraport Greece: Renovations and upgrades at all 14 regional airports concluded by 2021

  87. 17/03 20:22

    US envoy notes Ioannina's potential for sports, religious and cultural tourism

  88. 17/03 18:11

    Report: Why Greek island hopping by ferry is fun and economical

  89. 17/03 16:05

    Tax cuts and reforms dominate Greek main opposition’s agenda (video)

  90. 17/03 14:59

    New air carrier Cyprus Airways to resume Athens-Larnaca route

  91. 17/03 12:51

    Pyatt: US and Greece will enhance bilateral investment cooperation

  92. 17/03 10:41

    Greek Agriculture Minister briefs MEPs on EU’s post-2020 farming policy

  93. 16/03 18:05

    101 projects of 180 million euros funded on the Aegean islands

  94. 16/03 17:58

    Talented students from Kos to represent Greece in “Dance World Cup” final

  95. 16/03 17:54

    Greek PM to inaugurate Cycladic Islands-mainland power grid link

  96. 16/03 17:47

    Ancient Greek Epics by Homer help war veterans cope with stress

  97. 16/03 17:43

    Traffic restrictions in Athens city center for Half Marathon on Sunday

  98. 16/03 17:35

    Travel guide: Explore the beauties of mainland Greece

  99. 16/03 14:17

    Temperatures to reach 28 degrees Celsius in Greece over weekend

  100. 16/03 12:30

    Flight from Vienna launches tourist season for Greek island of Rhodes