The meeting of the EuroWorking Group confirmed the convening views of the Greek government, with the Troika, for the completion of the evaluation and the “technical” extension of the existing Memorandum, after weeks of controversy.
The EuroWorking Group did not see a written proposal to extend the program for six months, but there was heavy pressure for an agreement to agree on the evaluation until December 14th. Athens will not, however, even discuss a months-long extension of the Memorandum.
Source within the Finance Ministry reported that “in today’s EuroWorking Group debate in Brussels, the convening of the last days’ discussions was further identified, between the Greek government and the Troika, after the encouragement of the organization to deliver an agreement until December 14”.
The objective is to move parliamentary procedures in Member States for the allowance of a preventive credit line. Given the suffocating timeframes a short-term technical extension may be directed. These issues will be discussed at the Eurogroup, on Monday, 8th of December.
Other sources of the economic team even state that there was no written request for a 6 month extension, within the EuroWorking Group. Some countries asked for a big extension, but Greece’s positions, as expressed by representatives of the country in Brussels are that the government will only discuss a short-term extension, which will only be up to four or five weeks, maximum.
