samaras holds crisis talks with merkel in berlin
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Samaras holds crisis talks with Merkel in Berlin

Egypt Today, egypt today

Egypt Today, egypt today Samaras holds crisis talks with Merkel in Berlin

Berlin - DW

Greek premier Antonis Samaras has arrived in Berlin where he is expected to make his case for more time in implementing fiscal reforms. Both France and Germany have called on Greece to stick to its commitments. Greek Primes Minister Antonis Samaras arrived in Berlin on Friday, where he is to hold talks with Chancellor Angela Merkel on the indebted nation's struggle to implement austerity reforms according to schedule. Samaras' Berlin meeting comes after Merkel and French President Francois Hollande put forward a united front when they met on Thursday to fine-tune their message on Greece. "It is important for me that we all stick to our commitments... but I will encourage Greece to continue along its path of reforms," Merkel said in a brief statement prior to meeting with Hollande on Thursday. She said Greece should wait for the results of a highly anticipated so-called "troika" report on its progress in implementing reforms before discussing any flexibility on its bailout deal. The report from Greece's international lenders is due out in September. For his part, Hollande said he wanted Greece to stay in the eurozone, but that it remained in the hands of the Greeks themselves. "It's up to the Greeks to make the effort that is essential for that goal to be met," said the president, standing alongside Merkel. Greece needs 'air to breathe' Samaras is expected to appeal to Europe's big powers that Greece needs more time to meet the targets. After talks in Berlin on Friday, he is scheduled to make his case with Hollande in Paris on Saturday. The Greek Prime Minister also told the German daily Bild on Wednesday that Athens was committed to the austerity targets, but needed more flexibility to pull the country's economy out of its fifth year of recession. "All we want is a bit of air to breathe to get the economy running and to increase state income," Samaris said. In exchange for its bailout package, Athens is required to reduce Greece's national budget deficit to less than three percent of the country's gross domestic product (GDP) by 2014. In 2011, the budget deficit stood at 9.3 percent of GDP. The 11.5 billion euros ($14.3 billion) in budget cuts are expected to hit pensions, social benefits, public sector wages and health care. Some 40,000 civil servants are also expected to lose their jobs. Politicians in Athens have been struggling to reach a deal, with the cuts required in order for Greece to receive the latest tranche of around 31.5 billion euros in international loans.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

samaras holds crisis talks with merkel in berlin samaras holds crisis talks with merkel in berlin



GMT 11:57 2018 Thursday ,04 January

Thiem through but more seeds fall at Qatar Open

GMT 07:21 2017 Thursday ,07 December

Tokyo recovers as Asian markets see tentative gains

GMT 14:12 2016 Wednesday ,28 December

Russia blasts NYT doping 'conspiracy' report

GMT 09:27 2017 Monday ,13 February

Wahat Al Karama opens doors to public

GMT 13:34 2017 Wednesday ,20 December

High cost of pink: German watchdog slams gendered pricing

GMT 23:42 2017 Saturday ,04 March

Community Service prosecution set up in Abu Dhabi

GMT 14:08 2017 Friday ,28 July

Dozens injured in clashes at Al Aqsa Mosque

GMT 11:20 2017 Sunday ,30 April

Tunisian officials sacked after protests

GMT 10:09 2014 Thursday ,16 January

Gates’ memoirs and America’s Gorbachev

GMT 15:50 2017 Saturday ,07 January

Israeli Forces Storm Towns and Villages in Jenin

GMT 11:11 2017 Thursday ,27 April

Dubai, New York and lazy cultural stereotypes
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday