Eurogroup meeting turns out to be an all-night thriller for Greece

Even though Eurozone’s finance ministers are expected to approve the disbursement of the loan tranche

Negotiations at Eurogroup meeting continue, while discussion is focusing on Greece’s debt, as a source from the European Commission said, adding that Eurozone’s finance ministers are expected to approve the disbursement of the loan tranche totaling 10.3 billion euros.

However, German news agency MNI reported that one of the issues Eurogroup tries to solve in order to achieve an agreement is the statement made by Greek Prime Minister Alexis Tsipras on Sunday during the parliamentary debate on omnibus bill that referred to the creation of a new Social Solidarity Fund.

Mr. Tsipras argued that the money to be allocated to the new fund would come from money that exceeds the goals of primary surplus, and other sources that were not included in the agreement with European partners.

Moreover, a journalist of Wall Street Journal in Brussels said that when a reporter asked the president of the European Commission, Jean-Claude Juncker, if everything goes well in the Eurogroup meeting, he replied ‘no’ .

Reports say that Germany is pushing for changes to the austerity measures passed last Sunday.

Greece’s lenders ask clarifications mainly on three issues, according to information: speeding up privitizations, pension reform and smoothening EKAS (pensioners’ social solidarity benefit) and changes on non-performing loans.