×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
20
Feb 2026
weather symbol
Athens 17°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

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

Alexis Tsipras presents “Ithaki” in Larissa today

Clash between Stournaras and Tsipras: “I’m being accused by the man who believed the Bank of Greece should remain silent” – “A third term is sweet”

Bistis and 9 more leave the New Left: They disagree with the photographic disapproval of Tsipras

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

The dirty work, Kouretas and Papastergiou, Domna and the Ark (of sin), slacking and nutrition, the data centers, the Greeks and the LNG

February 20, 2026

Ioannina: Presidential Guard, F-16s and helicopters in the parade for the Liberation of the city

February 20, 2026

Aliens: Historic Trump decision – What the US hid about Area 51 and UFOs comes to light?

February 20, 2026

UK government plan to wipe court records on grooming gangs sparks outrage over “justice blackout”

February 20, 2026

Lagarde to WSJ: My “basic scenario” is to complete my term at the ECB

February 20, 2026

Maria Menounos: The revealing dress she wore on her trip to Greece – see photos

February 20, 2026

Eric Dane: The life and legacy of the ‘Grey’s Anatomy’ star who died of ALS at 53

February 20, 2026

Attica storm alert: Kolydas warns of heavy rain starting after 7 pm

February 20, 2026
All News

> World

Aliens: Historic Trump decision – What the US hid about Area 51 and UFOs comes to light?

From 757 new unexplained phenomena to the secrets of Area 51, America is preparing for revelations that could change the world

February 20, 2026

UK government plan to wipe court records on grooming gangs sparks outrage over “justice blackout”

February 20, 2026

Lagarde to WSJ: My “basic scenario” is to complete my term at the ECB

February 20, 2026

Politico: Trump threatens Europe with retaliation if it does not buy US weapons

February 20, 2026

Prince Andrew released – Leaves the police station visibly shaken, see the first photo of the disgraced prince

February 19, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα