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Eurogroup meeting with low expectations

Greece and its lenders are to go into today’s Eurogroup meeting in Brussels with few expectations.
A number of unresolve issues remained after a week of negotiations between Greek officials and the creditors via teleconference last week.

These include disagreements over pension cuts, expansionary counter-measures, energy market liberalization and labor reforms.
Labor Minister Efi Achtsioglou will join the meeting, while Finance Minister Eukleides Tsakalotos will meet creditors ahead of the meeting.

Eurogroup head, Jeroen Dijsselbloem in an interview with Frankfurter Algemeine Zeitung stated that he does not expect a swift completion of the negotiation and in any case not before the Eurogroup meeting scheduled for April 7.

Greece is set to miss yet another deadline for unlocking bailout funds this week, edging closer to a repeat of the 2015 drama that pushed Europe’s most indebted state to the edge of economic collapse.

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