×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
20
Jan 2026
weather symbol
Athens 8°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek PM to push for political solution of second review at EU Summit

Tsipras to meet with German Chancellor Merkel Friday

Newsroom December 14 09:41

While talks with Greece’s creditors on the second review of the bailout program have reached a critical phase, with the IMF embroiled in disagreements with both the its European partners and Greece, PM Alexis Tsipras is scheduled to depart for Brussels on Wednesday to take part in Thursday’s EU Summit.

The Greek PM aims to push for a political solution to the standstill in negotiations over the Greek program, and hopes to exploit the rift created between the IMF, which insists for additional harsh austerity measures and lower primary surplus targets, and the European Stability Mechanism (ESM) and the European Commission (EC), which both distanced themselves and were highly critical of the positions expressed in a recent post by the head of the Fund’s European branch Poul Thompsen on the Greek issue.

>Related articles

35 MPs, alone, searching for a party: Which independents are “flirting” with President Maria and Tsipras

PASOK turned upside down in the new year: The “stuck needle” in the polls, differing lines, Tsipras and Karystianou

Mitsotakis on farmers: The government will not yield to blackmail and the paradox of silence (updated)

Both the ESM and the EC appear to be in support of the Greek side in its dispute with the IMF, and the Greek PM wants to sway Greece’s European lenders to either put pressure on the IMF to abandon its extreme demands concerning the adoption of tougher measures on labour matters or ditch the IMF altogether from the program.

In his attempts to take advantage of the differences between Greece’s creditors, Tsipras will meet on the sidelines of the EU Summit with French President Francois Hollande and EP President Martin Schulz, before he travels to Berlin to meet with German Chancellor Angela Merkel on Friday. Therein lies his greatest challenge, as the Germans, and especially Finance Minister Wolfgang Schauble are not keen on letting the IMF leave the Greek program, as they are bound through their parliament to keep it on the Greek program as a condition to continue to finance the bailout plan. The German side has made it clear that the Greek PM can put all matters on the table in his meeting with Merkel, but clarified that all decisions are made at the EuroGroup.

The Greek PM appears prepared to make concession by extending the “cutter” -a mechanism set up to make automatic spending cuts in the event the fiscal targets are not met- to include 2019-2020 in order to achieve a deal on the second review. However, to seems highly improbable that he would accept the specification of the austerity measures for the same period. The “threat” of early elections in Greece is a card that the Greek PM has been holding in his hands, with the atmosphere heating up, especially after his appearance on the island of Nysiros where he unleashed an attack against the IMF and announced finical support to the Aegean islands. It remains to be seen whether Tsipras will opt to follow a compromise or choose to declare snap elections of his plan fails to succeed.

Ask me anything

Explore related questions

#Alexis Tsipras#Angela Merkel#EC#EP#ESM#EU Summit#German chancellor#greek PM#imf
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Generation X: The ‘contemporaries’ of PASOK, MTV, fast food, ONE, the drachma, the Euro, and adaptability to change

January 20, 2026

Pierrakakis: ‘We cannot face enormous geopolitical challenges and delay important institutional decisions’

January 20, 2026

Political dialogue between Greece-Türkiye: Bilateral relations at the centre of today’s meeting

January 20, 2026

European Parliament freezes ratification of the EU–US trade agreement

January 20, 2026

Extremely dangerous rainfall tomorrow and schools closed in Attica: The 7 areas set to receive large volumes of rain – see maps

January 20, 2026

Athens reluctant to take part in Trump’s Peace Council – Most Europeans leaning toward “no,” except Orban

January 20, 2026

Fox spotted strolling around Pangrati

January 20, 2026

No state has the right to occupy the territory of another, says Kaya Callas

January 20, 2026
All News

> World

European Parliament freezes ratification of the EU–US trade agreement

According to information, the relevant decision is expected to be announced tomorrow afternoon in Strasbourg

January 20, 2026

No state has the right to occupy the territory of another, says Kaya Callas

January 20, 2026

Inside the opulent world of Iran’s elite families, as citizens faced deadly repression

January 20, 2026

Guterres will not travel to Davos for the World Economic Forum due to a “severe cold”

January 20, 2026

Trump wants signatures in Davos for the “Peace Council”: Invitation to 50 countries, including Greece and Cyprus

January 20, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα