Greece to Hold Loan Talks with EU on Wednesday

Officials from Greece are due to hold technical talks with international lenders on Wednesday as Athens is seeking to secure more funding.
Negotiations will be carried out in Brussels, and not in Athens, to avoid drawing comparisons with the so-called "Troika" of institutions whose inspectors engaged in occasional visit to the Greek capital, angering those who believe the country's sovereignty has been put into question.
Greece is struggling to secure money it will use to service its debt. Following an agreement to have the current bailout program extended by four months, the Southeastern European nation pledged to implement a number of reforms, including some that will boost state revenues like fighting tax evasion and smuggling.
Finance Minister Varoufakis, who agreed the temporary deal with Eurozone officials, caught them by surprise by hinting in a recent interview his country could either hold a referendum or a snap poll on the bailout if Brussels gives the thumbs down on its list of reforms. Varoufakis later denied having said that, adding he had answered to a hypothetical question.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Vucic: Serbia does not Support any EU Declaration of Sanctions against Russia
- » Bomb Threats in 134 Schools in Serbia
- » Croatia will Adopt the Euro on 1 January 2023
- » Kosovo applies for Membership in Council of Europe, Serbia convenes Security Council
- » Serbia on the Transit Gas: Bulgarian Problems are not our Problems
- » Ukraine expects Transnistria to Enter the War