AFP
Eurogroup negotiations on extending financial aid to Greece going forward – said the evening Twitter EU Commissioner. Economic Pierre Moscovici. The agreement is, but temporary.
In Brussels ended on Friday night emergency meeting of finance ministers of the euro area, who had to decide whether to expire on February 28 aid program for Greece will be extended.
Ok, hours. 20.30 negotiators reported that the program will be extended by four months. This will allow Athens to continue negotiations with Brussels on the new rules for financial aid.
The new leftist government in Athens on Thursday decided to extend the credit agreement for half a year. In the long run, wants to change the terms of lending, as imposed by creditors and cutting reforms are too painful for Greek society. Other eurozone countries, led by Germany, but from Athens want to guarantee that the reforms will continue.
Earlier on Friday Cipras asked the President of the European Council, Donald Tusk, in the absence of a compromise on Friday, was convened summit of leaders the euro area on Sunday. How PAP learned from EU sources, Tusk ruled out a summit on next Sunday. “Do not hesitate, however, to convene a summit of the euro, if it considers that it would be the right way in a given situation,” – said the head of the PAP spokesman Preben Aamann RE. He added that such a meeting of the leaders requires genuine arrangements to ensure a positive outcome for all Eurozone countries.
We do not know precisely the lack of prospects for convening the summit Sunday urged both sides to compromise and to extend the scheme for four months.
Since 2010. Greece received from the EU and the IMF 240 billion euros in rescue programs.
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