×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
28
Jun 2026
weather symbol
Athens 30°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek PM to push for political solution of second review at EU Summit

Tsipras to meet with German Chancellor Merkel Friday

Newsroom December 14 09:41

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

While talks with Greece’s creditors on the second review of the bailout program have reached a critical phase, with the IMF embroiled in disagreements with both the its European partners and Greece, PM Alexis Tsipras is scheduled to depart for Brussels on Wednesday to take part in Thursday’s EU Summit.

The Greek PM aims to push for a political solution to the standstill in negotiations over the Greek program, and hopes to exploit the rift created between the IMF, which insists for additional harsh austerity measures and lower primary surplus targets, and the European Stability Mechanism (ESM) and the European Commission (EC), which both distanced themselves and were highly critical of the positions expressed in a recent post by the head of the Fund’s European branch Poul Thompsen on the Greek issue.

>Related articles

‘My goal is to govern’: Tsipras sets sights on power in first interview since launching ELAS party

The latest election scenario – blame the heat – Alexis’s aperitif, the new power-brokers, television’s next chapter, Aktor’s American funds and Mystakidis’s Thessaloniki base ///

Alexis Tsipras to unveil shadow cabinet as SYRIZA deadline over support for his ELAS party expires

Both the ESM and the EC appear to be in support of the Greek side in its dispute with the IMF, and the Greek PM wants to sway Greece’s European lenders to either put pressure on the IMF to abandon its extreme demands concerning the adoption of tougher measures on labour matters or ditch the IMF altogether from the program.

In his attempts to take advantage of the differences between Greece’s creditors, Tsipras will meet on the sidelines of the EU Summit with French President Francois Hollande and EP President Martin Schulz, before he travels to Berlin to meet with German Chancellor Angela Merkel on Friday. Therein lies his greatest challenge, as the Germans, and especially Finance Minister Wolfgang Schauble are not keen on letting the IMF leave the Greek program, as they are bound through their parliament to keep it on the Greek program as a condition to continue to finance the bailout plan. The German side has made it clear that the Greek PM can put all matters on the table in his meeting with Merkel, but clarified that all decisions are made at the EuroGroup.

The Greek PM appears prepared to make concession by extending the “cutter” -a mechanism set up to make automatic spending cuts in the event the fiscal targets are not met- to include 2019-2020 in order to achieve a deal on the second review. However, to seems highly improbable that he would accept the specification of the austerity measures for the same period. The “threat” of early elections in Greece is a card that the Greek PM has been holding in his hands, with the atmosphere heating up, especially after his appearance on the island of Nysiros where he unleashed an attack against the IMF and announced finical support to the Aegean islands. It remains to be seen whether Tsipras will opt to follow a compromise or choose to declare snap elections of his plan fails to succeed.

Ask me anything

Explore related questions

#Alexis Tsipras#Angela Merkel#EC#EP#ESM#EU Summit#German chancellor#greek PM#imf
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

University entrance score estimates for 247 departments: Engineering schools expected to rise, declines seen elsewhere

June 28, 2026

Arrests made following fatal shooting range tragedy in Malevizi; Investigators examine authenticity of victim’s signature

June 28, 2026

Fire breaks out at Hotel in Omonia, guests being rescued

June 28, 2026

New U.S. strikes target Iran again, hitting Sirik near the Strait of Hormuz

June 28, 2026

Dozens of Ukrainian drones headed for Moscow intercepted, city mayor says

June 28, 2026

Climate change ‘undoubtedly responsible’ for the severity of Western Europe’s heatwave, scientists say

June 28, 2026

Hope amid the ruins in Venezuela: Newborn rescued alive 32 hours after earthquake, watch the video

June 27, 2026

Greek Defence Industry: A last major opportunity and the open challenge of the 25% local participation rule

June 27, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα