Talks between Greek ministers and the heads of the institutions were concluded in the early morning hours on Wednesday without a breakthrough, although ‘good progress’ was made, as Eurogroup president Jeroen Dijsselbloem wrote on Twitter.

Talks to continue on Wednesday afternoon from HQs

As per Dijsselbloem’s tweet, the talks will continue on Wednesday afternoon via teleconference from the respective HQs.

‘Sensitive issues’ in pension, labour market and energy sector reforms continue to hinder the conclusion of a staff-level agreement. According to sources, the Greek government is negotiating for 500 million euros lower cuts in pensions, while is also asking for the cuts to come into effect primarily in 2020 and not in 2019 as the creditors are demanding.

Jeroen Dijsselbloem (r) and Euclid Tsakalotos (l) greet each other during a Eurogroup meeting in Brussels, March 20, 2017.
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