greece not to vote on eu deal
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Greece not to vote on EU deal

Egypt Today, egypt today

Egypt Today, egypt today Greece not to vote on EU deal

People stand in front of the Greek parliament in Athens
Athens - AFP

Greece will not submit to a parliamentary vote an EU loan deal that has reportedly split the ruling hard-left Syriza party, a government official said Monday.
"The government chooses not to ratify this agreement in parliament," government spokesman Gabriel Sakellaridis told Real FM radio.
"It is just an extension of a loan agreement, and we do not want to give particular weight to this document," he added.
The accord has raised strong objections among several members of the ruling Syriza party, as the government had to sideline part of its anti-austerity agenda for four months without receiving any EU financing to meet pressing repayment needs.
Over the weekend, some 40 percent of Syriza members expressed their opposition to the EU agreement at a party committee meeting, Greek media reported.
Sakellaridis said the government would instead hold an "open, transparent" debate in parliament on the agreement.
Germany's lower house on Friday overwhelmingly approved the four-month agreement that keeps Greece's loan lifeline open, the only European parliament to hold a vote on the issue.
The agreement reached by eurozone finance minister on February 20 calls on Greece to submit an alternative reform plan by the end of April.
Approval of the plan by Greece's international creditors would enable Athens to claim the funds remaining in its 240-billion euro ($272-billion) EU-IMF bailout.
The extension removed fears of a looming Greek default as the European leg of the bailout was due to expire on February 28.
However, Athens continues to face a daunting debt repayment schedule until August.
This month it must pay over 1.6 billion euros to the International Monetary Fund and redeem another 4.4 billion euros in maturing treasury bills.
The government spokesman on Monday insisted Athens would be able to cover its March payments.
A sale of six-month treasury bills will be held on Wednesday, aiming to raise at least 875 million euros.

 

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*

greece not to vote on eu deal greece not to vote on eu deal



GMT 10:04 2019 Monday ,19 August

Live a tense and noisy atmosphere

GMT 20:59 2011 Wednesday ,03 August

Mubadala unit in pact with Virgin Australia

GMT 13:36 2016 Saturday ,12 November

Russian warship flotilla now off Syrian coast

GMT 10:41 2013 Thursday ,26 December

Shenzhen stock indices close lower

GMT 21:51 2013 Thursday ,12 December

WTA adds new UK grasscourt event as Asia grows

GMT 17:14 2012 Wednesday ,24 October

Equal pay ruling \'may impact City\'

GMT 11:38 2011 Wednesday ,27 July

Peugeot Citroen profits rise but shares slump

GMT 11:49 2011 Wednesday ,15 June

Insurer Aviva appoints new chairman

GMT 13:46 2011 Monday ,13 June

Emirates ID sends 2 million texts
 
 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 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

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