19-02-2015

"Agreement will be reached at the last minute"

Dr. Matthias Kullas, division head for Stability Policy, speaks with the Guardian about Friday's Eurogroup meeting on the Greek aid request

“The Greeks have simply tried to pass the buck back to the middle,” Matthias Kullas told the Guardian. He stressed the German reaction was not a rejection over reaching a compromise with Greece, but did mean that expectations of an agreement on Friday when finance ministers from the eurogroup meet again, were now slim. “If an agreement is reached, it will be at the last minute,” he said. “It’s in the interest of both sides to stick to their guns. The earlier one of them diverts from his course, the weaker his position becomes and the more elbow room he leaves for the other.”