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> Economy

European Commission: Theres is progress, but some issues still open

Commission does not deem EU Summit necessary now

Newsroom April 29 07:56

European Commission spokesperson for Economic and Financial Affairs Annika Breidthardt told the press, Friday, there could be no forecast as to when a deal would be achieved between Greece and the institutions. The spokesperson said the Commission would continue to cooperate with the Greek authorities for a ‘complete political solution reflecting the letter and the spirit of the agreement reached last July’. She added the Commission believed all the preconditions for a deal soon were present. She underlined that 99% of the prerequisites had been agreed upon, with the only outstanding matter being the contingency measures. On the matter of a possible EU Summit meeting she reiterated the position of Donad Tusk that more work is needed by the EU Finance Ministers on the Greek issue.

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