Tsakalotos: Politicians at a higher level will bridge the gap

Euclid Tsakalotos, the deputy foreign minister who is now leading Greece’s negotiating team, said both sides were drawing closer together but a final “trade-off” would have to take place between senior political figures. 

Greek ministers have admitted next week’s €305m payment cannot be met without securing a deal to release the €7.2bn of loans outstanding on the country’s current bailout programme.

Tsakalotos, speaking from the Belgian capital, where the so-called Brussels Group of technical teams resumed talks on Thursday, said: “The [two sides] will never converge completely but the general impression is that they are converging.

“There is now a reasonable chance that whatever convergence still needs to be done after the Brussels Group will be done at a higher level where politicians will be called in for the final trade-off and will bridge the gap.”

Source: www.theguardian.com, Thursday 28 May 2015
See more at: http://www.theguardian.com/world/2015/may/28/greece-economy-bankruptcy-high-level-political-trade-needed