Saturday

16th Feb 2019

Greece urged to submit 'full list' of reforms

  • Tsipras, Merkel, Hollande, Tusk, Juncker, Draghi and Dijsselbloem met for more than three hours in Brussels (Photo: Bundesregierung/Denzel)

Give us a list of reforms, and you might get the money you need, Alexis Tsipras was told at a three-hour meeting with select EU leaders on Thursday (19 March).

The Greek prime minister met with German chancellor Angela Merkel and French president Francois Hollande. The heads of the EU Council and European Commission, Donald Tusk and Jean-Claude Juncker were also present, as well as European Central Bank chief Mario Draghi and Eurogroup chairman Jeroen Dijsselbloem.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... or join as a group

  • Some eurozone states, such as Belgium, were unhappy at being left out of the mini-summit (Photo: consilium.europa.eu)

Tsipras was reminded that his government must stick to the Eurogroup’s previous, 20 February agreement.

He was also told his partners are waiting for precise figures about the state of Greece’s finances and for a set of detailed reform proposals.

"The quicker the reforms will be known, the quicker the informations will be provided, the quicker the money will be unblocked," said Hollande at a press conference.

The EU’s patience with the Greek government seems to be running thin, with Merkel noting that "there was some disappointment" that Greece has not yet produced a full list of reforms since 20 February.

"A full list means a list with enough details to be able to ascertain if they are adequate," she said at a separate press conference

“The Greek prime minister said he is willing to submit the list quickly because in such a situation trust is needed," she added.

The leaders did not timetable a precise agenda, but there was clearly a sense of urgency.

"The situation is serious. We don’t know how much money Greece has, where it comes from and where it goes," said an EU source.

Greece is said to risk running out of money in early April, after paying €6 billion to its lenders in March.

The fear of a bank run is also in the air. On Wednesday (18 March), the eve of the summit, Greek people withdrew €300 million from their bank accounts.

Greek authorities’ lack of transparency has slowed the technical talks in Athens between the Greek government and EU experts, with reports that the EU mission had hit a dead end.

This led EU leaders to insist that the technical discussions between the Greek government and EU experts progress rapidly.

Both German and French leaders said the reforms submitted by Greece will have to be evaluated before the Eurogroup gives a green light to unblock part of the €7.2 billion loan extension agreed earlier in February.

"The fact-finding mission will continue its work on the ground” and “the Eurogroup is ready to meet at any time if need be," said Merkel.

"Greece will have to provide technical informations in Athens and have political discussions in Brussels," said Hollande.

While delivering their stark message, Merkel and Hollande tried to give Tsipras an opportunity to save face.

They insisted that his government would be in charge of the reforms, implying there would be no EU pressure to take this or that particular decision.

"Tsipras has the right and the legitimacy to undertake the reforms," said Hollande.

"The reforms will belong to the Greek government," said the Greek prime minister in a short declaration after the meeting.

"We are more optimistic after this deliberation”.

Greece’s partners seem to be aware that despite the financial urgency they must take into account the political situation in Greece, where cracks could appear in Tsipras’ Syriza party if he is considered to be bowing too easily to EU demands.

"We talked about quick reforms that would be less politically costly for the government," the EU source noted.

But EU leaders insisted the reforms remain budget-neutral.

"For any reform by the former government that is suppressed, a new reform must be presented," said Hollande.

Tsipras to hold talks with Merkel in Berlin

Greek prime minister Alexis Tsipras will travel to Berlin next week for clear-the-air talks with German counterpart Angela Merkel in a fresh attempt to end the impasse on Greece’s bailout.

EU offers €2bn in unspent aid to Greece

The EU is to send Greece €2bn this year to be used to combat the country's social crisis, while a mini-meeting to discuss the country's problems is being hailed as having cleared the air after a fractious few weeks.

News in Brief

  1. Spain's Sanchez calls snap election on 28 April
  2. 15,000 Belgian school kids march against climate change
  3. May suffers fresh Brexit defeat in parliament
  4. Warning for British banks over Brexit staff relocation
  5. Former Italian PM wants Merkel for top EU post
  6. Antisemitic incidents up 10% in Germany
  7. Italy's asylum rejection rate at record high
  8. Hungary will not claim EU funds for fraudulent project

Opinion

Italy will keep blinking in 2019

Italy's 'marriage of convenience' coalition government likes picking battles with Brussels. But with the economy now in recession, and deputy prime minister Matteo Salvini needing to keep the business lobby on board, expect Rome to blink first.

Opinion

The test for Sweden's new government

While the formation of a new government ends Sweden's fourth-month paralysis, it doesn't resolve the challenge from radical-right populists in Sweden. A key question remains: will treating populists like pariahs undercut the appeal of their, often anti-rights, politics?

Stakeholders' Highlights

  1. Counter BalanceEU bank urged to free itself from fossil fuels and take climate leadership
  2. Intercultural Dialogue PlatformRoundtable: Muslim Heresy and the Politics of Human Rights, Dr. Matthew J. Nelson
  3. Platform for Peace and JusticeTurkey suffering from the lack of the rule of law
  4. UNESDASoft Drinks Europe welcomes Tim Brett as its new president
  5. Nordic Council of MinistersNordic ministers take the lead in combatting climate change
  6. Counter BalanceEuropean Parliament takes incoherent steps on climate in future EU investments
  7. International Partnership For Human RightsKyrgyz authorities have to immediately release human rights defender Azimjon Askarov
  8. Nordic Council of MinistersSeminar on disability and user involvement
  9. Nordic Council of MinistersInternational appetite for Nordic food policies
  10. Nordic Council of MinistersNew Nordic Innovation House in Hong Kong
  11. Nordic Council of MinistersNordic Region has chance to become world leader when it comes to start-ups
  12. Nordic Council of MinistersTheresa May: “We will not be turning our backs on the Nordic region”

Latest News

  1. Sluggish procedure against Hungary back on table
  2. Could Finnish presidency fix labour-chain abuse?
  3. Brexit and trip to Egypt for Arab League This WEEK
  4. Belgian spy scandal puts EU and Nato at risk
  5. EU Parliament demands Saudi lobby transparency
  6. Saudi Arabia, but not Russia, on EU 'dirty money' list
  7. EU agrees draft copyright reform, riling tech giants
  8. Rutte warns EU to embrace 'Realpolitik' foreign policy

Stakeholders' Highlights

  1. International Partnership for Human RightsOpen letter to Emmanuel Macron ahead of Uzbek president's visit
  2. International Partnership for Human RightsRaising key human rights concerns during visit of Turkmenistan's foreign minister
  3. Nordic Council of MinistersState of the Nordic Region presented in Brussels
  4. Nordic Council of MinistersThe vital bioeconomy. New issue of “Sustainable Growth the Nordic Way” out now
  5. Nordic Council of MinistersThe Nordic gender effect goes international
  6. Nordic Council of MinistersPaula Lehtomaki from Finland elected as the Council's first female Secretary General
  7. Nordic Council of MinistersNordic design sets the stage at COP24, running a competition for sustainable chairs
  8. Counter BalanceIn Kenya, a motorway funded by the European Investment Bank runs over roadside dwellers
  9. ACCACompany Law Package: Making the Best of Digital and Cross Border Mobility,
  10. International Partnership for Human RightsCivil Society Worried About Shortcomings in EU-Kyrgyzstan Human Rights Dialogue
  11. UNESDAThe European Soft Drinks Industry Supports over 1.7 Million Jobs
  12. Mission of China to the EUJointly Building Belt and Road Initiative Leads to a Better Future for All

Join EUobserver

Support quality EU news

Join us