Germany’s MNI news agency on Tuesday said that despite the progress achieved so far, an agreement to conclude the second review of the Greek program (third bailout) is not expected during a Eurogroup meeting on Dec. 5.
MNI quotes high-ranking Community sources in its report.
The same sources referred to disagreements between creditors themselves over the Greek program’s medium-term goals, a "catchphrase" that usually means the IMF’s differences with European creditors (Commission, ECB, SSM).
According to MNI, EU officials are now considering a “Plan B” option in case the IMF and European creditors fail to iron out differences, while calling on Athens to take a “political decision” to close the second review.
The latest round of negotiations between the leftist Greek government and creditors -- which the former demanded be called the “institutions” last year as opposed to the previous “troika” -- ended on Tuesday. However, an array of “open issues” remains unresolved, despite the progress acknowledged by both sides.
A teleconference was nevertheless scheduled ahead of a EWG meeting on Nov. 28.
