Negotiations with Greece insufficient, says EU

(AGI) Amsterdam, June 4 - The differences between Greece andits creditors are "still quite large" and Athens is expected topresent alternative proposals in the next few days, saidEurogroup chairman, Jeroen Dijsselbloem on Thursday. Talks thatended on Wednesday in Brussels were "successful in narrowingdown the remaining issues," he said. Athens risks making anagreement impossible if it continues to exclude many areas ofreform, he said, but changes to the welfare system "remain onthe table". Jean Claude Juncker, the President of the EUCommission, said there has been some progress but not enoughfor the

(AGI) Amsterdam, June 4 - The differences between Greece andits creditors are "still quite large" and Athens is expected topresent alternative proposals in the next few days, saidEurogroup chairman, Jeroen Dijsselbloem on Thursday. Talks thatended on Wednesday in Brussels were "successful in narrowingdown the remaining issues," he said. Athens risks making anagreement impossible if it continues to exclude many areas ofreform, he said, but changes to the welfare system "remain onthe table". Jean Claude Juncker, the President of the EUCommission, said there has been some progress but not enoughfor the European Union. He said he has discussed the matterwith German Chancellor Angela Merkel and will also talk toFrench President Francois Hollande on Thursday. Greek FinanceMinister, Yanis Varoufakis, said he was ready to meet all thecommitments. He was asked if Athens will pay the 300 millioneuros due to the IMF on Friday, and said: "As finance ministerI cannot answer such a question other than to say that theGreek state aims at always repaying all of its beneficiaries."However, he said he firmly opposes the privatisation of thePPC, the country's major power company, and sees absolutely noreason to call early elections. "The people have given ourgovernment a clear mandate," he said. Greek Prime MinisterAlexis Tsipras, Mr Juncker and the chairman of the Eurogroup,Jeroen Dijsselbloem, will meet again during the next few daysto try to agree a deal on Greek debt obligations, said EUCommission spokesman Margaritis Schinas. "I cannot confirm aspecific date for that, but I can confirm that there will be afurther meeting in the next coming days," he told thecommission's daily press briefing. The commitment to seek acomprehensive agreement would mean that "we have a properbalance at a fiscal level and at a social level too in order tomake it possible for Greece to improve its economic situationand rapidly return to growth and job creation," he said. . .