Out-of-court debt settlement of business debts discussed with institutions

epa05271960 Greek Finance minister Euclid Tsakalotos prior to the meeting of the Eurozone Finance Ministers at the Scheepvaartmuseum in Amsterdam, The Netherlands, 22 April 2016. Eurozone ministers met to discuss the Greek bailout and the Panama Papers fallout. EPA/BART MAAT

Talks between government ministers and the institutions’ mission chiefs in Athens focused on the out-of-court settlement of business debts on Thursday with a government official saying there were no significant divergence of views on the issue.

According to the official, the two sides said the remission of debts towards the state and the taxman remain open and talks are continuing on a technical level. “There is no ideological gap as is the case with labour reforms,” the official said.

Finance Minister Euclid Tsakalotos, Economy Minister Dimitri Papadimitriou and Justice Minister Stavros Kontonis represented the government.