Athens And The Troika Soon On The Same Wavelength?

After weeks of negotiations, contradictory announcements, uncertainty, Greece is near an agreement with its international creditors. While Athens has been trying for months to persuade its international creditors that it has progressed sufficiently in the implementation of reforms to unlock their slice 31.2 billion loan that the country needs to avoid bankruptcy. Some points still discussionToutefois, some issues remain to be discussed, according to a German government source. "There are still outstanding issues to be discussed in the troika but also within the Eurogroup finance ministers between" in order to reach a sustainable solution for Greece, the source said, adding that the Greek case would be a topic of discussion at the G20 summit to be held Sunday and Monday in Mexico. The problem of financementAu IMF, we recall, however, that the difficult negotiations between Greece and its lenders stumble on the problem of "financing" the country that calls for a period of two years to recover its public accounts, said Thursday a door Speaker of the International Monetary Fund. Progress but not accordMercredi, the German Finance Minister Wolfgang Schäuble had already stated that progress had been made in talks between Greece and the troika but that more work before reaching an agreement. And the European Commission noted that it had denied the existence of an agreement between Greece and its creditors, contrary to what was announced yesterday the Greek Prime Minister, Antonis Samaras, while the head of the Eurogroup Jean- Claude Juncker called on the Greek authorities to make every effort to "quickly finalize negotiations with the troika." French side, the Economy Minister Pierre Moscovici said the troika had entered in the "final phase" of negotiations with Greece on the package that Athens must make savings.