×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
11
Dec 2025
weather symbol
Athens 14°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Creditors call for written guarantees that no unilateral action will be adopted in future

New EWG meeting on Wednesday

Newsroom December 21 08:00

Greece’s European creditors are requesting the country’s Finance Minister, Euclid Tsakalotos sign a written document guaranteeing his government would refrain from unilateral actions in the future similar to the recent social benefits PM Alexis Tsipras granted to pensioners. Following Tuesday night’s EuroWorking Group (EWG) via teleconference, where the institutions rejected the oral reassurances offered by Alternate Finance Minister George Chouliarakis that the social provisions were a “one-off” move only affecting 2016, the body is expected to meet again on Wednesday to clarify the situation. The EU technocrats are putting pressure on the Greek side to commit in writing that it will avoid such actions without prior deliberation with the institutions. A European Commission (EC) said Tuesday’s EWG meeting focused on alternative ways to overcome the problem, but the two sides failed to reach full consent. The lenders estimate that the Greek failed to comply with the terms and commitments arising from the bailout program, as the announcement by PM Tsipras of the social benefits was made without him previously briefing his European partners, adding that in any case no provisions could be made before April 2017 until Eurostat confirms the fiscal figures of 2016. The Greek government hopes Wednesday’s EWG will not ramp up the pressure even more, while some sources says Germany is demanding for the imposition of equivalent measures counterbalance the provisions. Furthermore, they are requesting that the medium-term debt relief measures be delayed until at least February. It is clear that some EU Finance Ministers are expressing their mistrust towards Greece until they are presented with a written document that guarantees no more unilateral actions will be adopted by Greece, while others are adopting a more conciliatory stance calling for the matter to be resolved in the holiday period.

Ask me anything

Explore related questions

#creditors#EU Finance Ministers#EWG#greece#Tsakalotos#tsipras
> 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

International Mountain Day: Their protection is strengthened through ministerial decisions of the Ministry of Environment and Energy

December 11, 2025

Behind the scenes of Pierrakakis’ election to the Eurogroup: The “promises” and alliances before the vote that led to Van Peteghem’s withdrawal

December 11, 2025

Larnaca named European Capital of Culture for 2030

December 11, 2025

Christos Nikolopoulos: “Paschalis Terzis sang a new song for me — we will hear it soon”

December 11, 2025

Mitsotakis: A day of pride for Greece, the government, and all citizens with the election of Pierrakakis

December 11, 2025

Chicken Parmigiana – The authentic recipe for Italian-American chicken

December 11, 2025

Kyriakos Pierrakakis unanimously elected President of the Eurogroup – After the first indicative vote, the Belgian candidate withdrew

December 11, 2025

EODY: 104 new Covid-19 admissions and 7 new deaths in the last week

December 11, 2025
All News

> Greece

Larnaca named European Capital of Culture for 2030

The announcement by the president of the Expert Committee was met with great enthusiasm by the Larnaca team, who saw years of effort finally rewarded

December 11, 2025

EODY: 104 new Covid-19 admissions and 7 new deaths in the last week

December 11, 2025

Producers and farmers distribute products to citizens at the “green lights” to apologize for inconvenience – Watch video

December 11, 2025

New scam with alleged emails from the Ministry of Development for “free holiday package”

December 11, 2025

“I gave first aid but he had multiple injuries”: Friend’s heartbreaking post about the fatal crash on Vouliagmeni Avenue

December 11, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα