Merkel, Tsipras eye ‘interim agreement’ by April 30; differences remain

Disagreements continued over the thorny issues of pension reform, continued labour market liberalization and VAT rates

 

Prospects for an “interim agreement” to achieve a loan extension before April 30 reportedly dominated talks between German Chancellor Angela Merkel and Greek PM Alexis Tsipras on Thursday, as the two leaders met on the sidelines of an extraordinary EU summit in Brussels.

According to government sources, a “convergence of views” over privatizations was ascertained after the roughly one-hour meeting. The word “convergence” was cited, but not an “identity of views”.

Other “converging” views held that Greece’s primary budget surplus target for 2015 would be 1.5 percent, with the goal for 2016 to be decided in the near future.

Conversely, disagreements continued over the thorny issues of pension reform, continued labour market liberalization and VAT rates – all three constituting major obstacles.

Athens also reportedly requested an extraordinary Eurogroup meeting for next week, something the German side apparently accepted.

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Finally, both sides agreed not to disclose the exact details of the discussions, reports state.
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