Greek PM to Meet EU Commission Head Juncker

12:04     3 June, 2015

Greek Prime Minister Alexis Tsipras will be meeting European Commission president Jean-Claude Juncker for dinner in Brussels on Wednesday, June 3 evening. This meeting might be the last chance for Greece to strike a deal with creditors.

Juncker, who says that a Greek default and exit from the Eurozone would be disastrous both for the EU and for Greece, is now mediating to help find consensus.

A final decision to unblock a €7.2 billion loan for Greece is to be taken by the Eurogroup (meeting of Eurozone finance ministers), in the coming days, but the path to an accord must first be cleared at the highest political level.

In the last few days, the Greek government and the Troika of international creditors - the EU, the European Central Bank and the International Monetary Fund - have been fighting over what needs to be done.

On Monday, Greece had "submitted a realistic plan for the country to get out of the crisis".

"The next days of the negotiation will be difficult, and what the Greek people are asking is for the government to overcome the difficulties in just and equal terms," Tsipras said.