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Creditors Talk Up 'Constructive' Week with Greece


This week’s talks between the Greek government and creditor institutions were “constructive” it was claimed on Thursday, coming at the end of the first phase of the negotiations.
The unidentified official was quoted by the Athens-Macedonian News Agency saying that “the Greek authorities undertook the commitment to take the necessary steps to finalize the fourth review in time with a view to successfully completing the program”.
According to a senior finance ministry official earlier today, the talks were successful, adding that a timetable was set during the meetings.
The official said that the obstacles and difficulties, most of which are of a technical nature, will be discussed via mail.
The aim is to complete the fourth program review and have an overall agreement (Greek development program, debt relief and post-memorandum surveillance) at the Eurogroup on June 21.

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