Athens has been repeating for days that the agreement is a done deal. Europe continues to deny it, but assures that an agreement is close. Today a German source joins the whirlwind of declarations on the negotiations between the Greek government and the Troika (EU, ECB and IMF), calling everything into question. According to the Berlin Executive, there are still many problems to be resolved in the negotiations. And the payment of the new 31,5 billion tranche of aid to the Greek country would not be around the corner at all.
According to the sources, “there are a number of open issues in the Troika and in the Eurogroup” e the only possible agreement, at the moment, is on a bridging loan to close the 13,5 billion hole that the Greek state will accuse from mid-November. A simple plaster on the wound that would avoid immediate default. Not a long-term plan.
The most controversial chapter concerns the path to reduce the Greek public deficit. Yesterday the extraordinary Eurogroup teleconference between the finance ministers of the Eurozone ended with nothing done: the final decision was postponed to a new appointment, scheduled for November 12th. Today, however, German sources maintain that it will not be possible to reach a definitive agreement even in two weeks, emphasizing that the agreement will also have to be submitted to a vote in the Bundestag.
Finally, Greece will not be one of the main topics under discussion at this weekend's G20 finance ministers and central bank governors meeting in Mexico City.
