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You can find the current article at its original source at https://www.theguardian.com/business/live/2016/may/24/eurozone-greek-bailout-debt-relief-business-live
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| Version 24 | Version 25 |
|---|---|
| Eurogroup meeting on Greek bailout drags deep into the night - live updates | Eurogroup meeting on Greek bailout drags deep into the night - live updates |
| (35 minutes later) | |
| 12.36am BST | |
| 00:36 | |
| Current state of play: | |
| 12.12am BST | |
| 00:12 | |
| The clocks have now chimed 1am in Brussels, and the eurogroup meeting still grinds on. | |
| We’re expecting a press conference at some stage, meaning ministers won’t get much sleep before they return for fresh meetings on Wednesday morning.... | |
| Dijsselbloem is supposed to give a doorstep for #EcoFin at 8:45am. It may coincide with the #Eurogroup presser after all. | |
| 12.00am BST | 12.00am BST |
| 00:00 | 00:00 |
| Is it an IMF-Germany match? "Yes, with a lot of time-outs", a source tells me. #Eurogroup. | Is it an IMF-Germany match? "Yes, with a lot of time-outs", a source tells me. #Eurogroup. |
| 11.58pm BST | 11.58pm BST |
| 23:58 | 23:58 |
| IMF's Thomsen consults with Lagarde | |
| The IMF’s top man in Europe, Poul Thomsen, is reportedly consulting with Christine Lagarde over the Greek issue.... | The IMF’s top man in Europe, Poul Thomsen, is reportedly consulting with Christine Lagarde over the Greek issue.... |
| Another break apparently. This time for P. Thomsen to call @Lagarde | Another break apparently. This time for P. Thomsen to call @Lagarde |
| Updated | |
| at 12.22am BST | |
| 11.35pm BST | 11.35pm BST |
| 23:35 | 23:35 |
| Sounds like Greece’s creditors are still divided... | Sounds like Greece’s creditors are still divided... |
| #Eurogroup still going on. "difficult with the IMF" says a source | #Eurogroup still going on. "difficult with the IMF" says a source |
| 11.21pm BST | 11.21pm BST |
| 23:21 | 23:21 |
| Oh goodness me.... AFP’s Alex Pigman has heard the eurogroup ministers haven’t reached an agreement after all.... | Oh goodness me.... AFP’s Alex Pigman has heard the eurogroup ministers haven’t reached an agreement after all.... |
| Understand that ministers now working on a new version of the text. This could still be a while. #Eurogroup | Understand that ministers now working on a new version of the text. This could still be a while. #Eurogroup |
| That’s bad news all round, as ministers are due back for an ECOFIN meeting (including non-euro countries) tomorrow morning..... | That’s bad news all round, as ministers are due back for an ECOFIN meeting (including non-euro countries) tomorrow morning..... |
| Just a reminder - Ecofin doorsteps from 7am #eurogroup #purgatory pic.twitter.com/iv2gvW5wR2 | Just a reminder - Ecofin doorsteps from 7am #eurogroup #purgatory pic.twitter.com/iv2gvW5wR2 |
| 11.18pm BST | 11.18pm BST |
| 23:18 | 23:18 |
| Euronews have produced a handy explanation to the Greek debt crisis - which you can see here. | Euronews have produced a handy explanation to the Greek debt crisis - which you can see here. |
| It includes clips of the anti-austerity protests which gripped Brussels today (as covered earlier today), and saw riot police use water cannons on demonstrators. | It includes clips of the anti-austerity protests which gripped Brussels today (as covered earlier today), and saw riot police use water cannons on demonstrators. |
| Seen on @euronews: The Brief from Brussels: Greek debt still divides the eurozone https://t.co/IXlM9fdnWV pic.twitter.com/XujiMb5V2P | Seen on @euronews: The Brief from Brussels: Greek debt still divides the eurozone https://t.co/IXlM9fdnWV pic.twitter.com/XujiMb5V2P |
| 11.03pm BST | 11.03pm BST |
| 23:03 | 23:03 |
| It’s now Wednesday in Brussels, and 1am over in Greece, and still the eurogroup meeting continues. | It’s now Wednesday in Brussels, and 1am over in Greece, and still the eurogroup meeting continues. |
| More seriously, my local pub just rang ‘time at the bar’ :( | More seriously, my local pub just rang ‘time at the bar’ :( |
| 10.46pm BST | 10.46pm BST |
| 22:46 | 22:46 |
| Excellent news.... | Excellent news.... |
| Back in the #Eurogroup table. Brake over. | Back in the #Eurogroup table. Brake over. |
| That could mean that ministers are ready to sign off an agreement.... | That could mean that ministers are ready to sign off an agreement.... |
| 10.40pm BST | 10.40pm BST |
| 22:40 | 22:40 |
| Heads-up! Eric Maurice of EUobserver reckons eurozone finance ministers might wrap things up in 20 minutes.... | Heads-up! Eric Maurice of EUobserver reckons eurozone finance ministers might wrap things up in 20 minutes.... |
| I hear #Eurogroup now expected to finish around midnight. | I hear #Eurogroup now expected to finish around midnight. |
| 10.33pm BST | 10.33pm BST |
| 22:33 | 22:33 |
| Bong! It’s now eight hours since eurozone finance ministers began today’s meeting, and just 30 minutes until the Brussels bells chime midnight. | Bong! It’s now eight hours since eurozone finance ministers began today’s meeting, and just 30 minutes until the Brussels bells chime midnight. |
| So far, it sounds like they may agree to hand Greece its €11bn aid tranche, but in two installments. | So far, it sounds like they may agree to hand Greece its €11bn aid tranche, but in two installments. |
| But there’s no sign of a breakthrough over how to give Greece debt relief. At least they’re still talking, though.... | But there’s no sign of a breakthrough over how to give Greece debt relief. At least they’re still talking, though.... |
| 10.24pm BST | 10.24pm BST |
| 22:24 | 22:24 |
| Alex White of the Economist Intelligence Unit suspects tough decisions on Greek debt relief could be delayed until after the next German general elections, in autumn 2017. | Alex White of the Economist Intelligence Unit suspects tough decisions on Greek debt relief could be delayed until after the next German general elections, in autumn 2017. |
| #Greece Looks like we will get sufficient disbursement in June, real surplus / debt restructuring debate deferred until after DE elections | #Greece Looks like we will get sufficient disbursement in June, real surplus / debt restructuring debate deferred until after DE elections |
| That may not be acceptable to the IMF, though.... | That may not be acceptable to the IMF, though.... |
| 10.02pm BST | 10.02pm BST |
| 22:02 | 22:02 |
| Cross everything.... | Cross everything.... |
| #Eurogroup still on break. Thats usually a good sign that things could be moving. #Greece | #Eurogroup still on break. Thats usually a good sign that things could be moving. #Greece |
| 10.02pm BST | 10.02pm BST |
| 22:02 | 22:02 |
| OK, I have no idea what this means....but EC spokesman Simon O’Connor just tweeted this catchy tune from Zorba the Greek. | OK, I have no idea what this means....but EC spokesman Simon O’Connor just tweeted this catchy tune from Zorba the Greek. |
| https://t.co/eFGfbHNCsO | https://t.co/eFGfbHNCsO |
| Might it be a sign that talks are speeding up?... | Might it be a sign that talks are speeding up?... |