On 11 June, negotiations between Greece and its international creditors (the IMF, the EU and the ECB) were interrupted, after the IMF withdrew its delegation, citing "significant differences" with the Greek negotiators, especially regarding tax and pension reform. This comes after a new series of meetings between Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel, French President François Hollande and the President of the European Commission Jean-Claude Juncker to try and break through the deadlock.

Greece and its creditors have embarked on a series of last minute discussions regarding the reforms required to release an aid package of 7.2 billion euros before 30 June, without which Greece will default on its payments. Tsipras is insisting on a political solution, whereas the "Brussels group" is demanding that Athens takes on specific commitments.

Categories

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic