Everything suggested that the Prime Minister’s Wednesday evening meeting with the German and French leaders was constructive, tended to bridge the differences and allowed the cultivation of expectations for reaching an agreement over the next few days.

Tsipras, Merkel and Hollande agreed to intensify the talks and that fact that on Thursday the Greek Prime Minister will meet with the head of the European Commission Jean-Claude Juncker raised hope that we are finally approaching the end of these long negotiations.

A few hours prior to the trilateral meeting, there was change in the climate and encouraging statements from many European official, including Jeroen Dijsselbloem, who noted that there were few unresolved issues.

The change in the climate came as a result of the improved Greek proposal, which included higher primary surplus targets and additional measures, the extent and weight of which has not yet been determined.

The Prime Minister appears confident in his late-night statements and spoke of an attempt to bridge the remaining differences.

However, despite the improved atmosphere, nobody can be certain of the final result, simply because in the past there has been a similarly improved climate, but no agreement was reached.

The experience from such negotiations suggests that the Devil is in the details. That is why it is crucial to secure the completion of the negotiations.

In recent times TO VIMA insisted upon the need to achieve an agreement, as any other development would plunge the country in a major national crisis.

TO VIMA is now extending its call, to avoid any last minute undermining or backtracking.

TO VIMA