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Greece-EU Negotiations to Continue Until Late April With No Pressure, Greek Officials Say

The Greek government has signaled an end to the alarm regarding the possibility of running out of cash if an agreement is not reached with its partners until April 9, when it is scheduled to repay some 450 million euros to the International Monetary Fund (IMF).
The latest data assessment that has been presented to the Greek Prime Minister Alexis Tsipras shows that the government will finally manage to extend its negotiating time until late April. This was the message that was passed yesterday by various ministers, among whom was the Deputy Finance Minister Dimitris Mardas. “We strive to be able to pay our obligations on time. We are ready to pay on April 9,” he declared, explaining that the state revenue in March topped the targets. Moreover, the Deputy Finance Minister said that there has been significant progress in talks with the country’s international creditors, regarding its revised reforms list. The baton was then taken by the Development Minister Giorgos Stathakis who characteristically said — while exiting the government headquarters Maximos Mansion following a meeting with the government’s technical levels — “we are on track,” regarding the country’s ability to fulfill its obligations. Being asked if the public coffers are running out of money, the Greek Development Minister replied that “the situation is manageable.”
Tension over the last few days caused mostly by reports in the foreign press, was also defused by governmental leaks that any decisions will be taken by the Eurogroup meeting scheduled for April 24 and that the Greek side is not in need of an emergency meeting.

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