Berlin backs down at the last minute leaving open a ‘window’ for an agreement

Berlin backs down at the last minute leaving open a ‘window’ for an agreement

Athens, February 20, 2015/ Independent Balkan News Agency

By Spiros Sideris

After the German “No” to the greek request for an extension of the loan agreement in Greece for six months, Berlin seems to take back its original rigid position and according to Bloomberg “there is a ‘window’ for cooperation open”.

Specifically, in the report it is stated that: “Germany considers the proposal submitted by Greece as the only basis upon which to conclude negotiations tomorrow at the Eurogroup and a new revised text – request is not required to be submited”.

This information was transmitted last night through the international news agency by a person inside the German government, who did not wish to be named.

He added: “The attitude of Germany, the biggest contributor with EUR 240 billion (EUR USD 273 billion) in the bailout of Greece, but also the main initiator of economic reforms, it seems to take a step back from the previous statement proposed by Finance Minister Wolfgang Schaeuble. In fact, Schaeuble, plans to attend the meeting in Brussels, according to the ministry”.