Elephant in the room
- Written by E.Tsiliopoulos
The Greek crisis, in the words of one senior EU diplomat, “the elephant in the room”, the BBC reports.
The dispute between Greece and its international creditors is not on the formal agenda of this week’s EU summit, but it is currently the most pressing issue in town. And it will be discussed at length in the margins, says Brussels correspondent Chris Morris.
The aim is to break the deadlock that has developed between Greece and its creditors about the terms agreed last month for an extension of its huge financial bailout.
As time has dragged on, concern has risen that Greece could soon run out of money. There is only a matter of weeks left before another “crunch” comes.
“Things now need to move at pace …The risk of an accident has risen”, “the EU diplomat said according to the BBC.
Related items
-
Prime Minister unveils €2.2 billion tax relief package for businesses at Thessaloniki fair
-
Mitsotakis rules out reshuffle, locks in Spring 2027 election date
-
Hellenic Air Force F-4 Phantom crashes during airshow in Athens - Two crewmembers killed
-
Greece to classify elder phone scams as felonies amid nationwide 'epidemic'
-
Navios advances shipbuilding program with 11th 115,000-dwt tanker
Latest from E.Tsiliopoulos
- Prime Minister unveils €2.2 billion tax relief package for businesses at Thessaloniki fair
- Mitsotakis rules out reshuffle, locks in Spring 2027 election date
- Hellenic Air Force F-4 Phantom crashes during airshow in Athens - Two crewmembers killed
- Greece to classify elder phone scams as felonies amid nationwide 'epidemic'
- Navios advances shipbuilding program with 11th 115,000-dwt tanker