Greece has fulfilled all the conditions for approval of a 130 million euro second EU/IMF bailout loan, Greek finance minister Evangelos Venizelos said on Monday in Brussels ahead of a critical Eurogroup meeting, adding, however, that negotiations were continuing.
“Greece is going into today’s critical Eurogroup meeting having fulfilled all the conditions that had been set out for approval of the new programme, a fundamental parameter of which is the PSI, in the context of the European Council decision of October 26-27, 2011,” Venizelos said.
He added that Greece has “acted on all the issues, including the agreement with the private sector, in accordance with the decisions and instructions of the eurozone bodies”.
This, he continued, was confirmed in the two previous meetings of the Eurogroup, but stressed that “up until the last minute the negotiation is continuing, technical problems are being put forward, individual parameters are being examined”.
He said that “preferences or priorities of institutional partners or member-states influence the climate of the discussion”, adding that “I believe that everything will be judged in the end on the basis of the October 26 decision and with the ultimate criterion being the principles governing the European venture”.
Venizelos expressed hope that “a long period of uncertainty that has not benefited either the Greek economy or the eurozone as a whole will end today”.
(Source: AMNA/N. Drossos, Brussels)
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