#Eurgroup delayed by at least 1hr (~1800 start) as finance ministers pick holes in draft report they failed to agree earlier this weeks. Lots of bilateral calls going on between 🇮🇹🇩🇪🇫🇷🇳🇱 as they try to iron out new differences (over credit lines and SURE) before dialing in at 27
Make that *1900 #Eurogroup
Deafening silence from #Eurogroup for another few hours may not be such a bad thing. Past weeks suggests that when we are in Zoom format things usually go wrong 📞
#Eurogroup to resume 2130 and signs of rare optimism from officials that we have a breakthrough
We have a tentative compromise among 🇳🇱🇮🇹🇫🇷🇩🇪🇪🇸 that will need to be presented and agreed by all EU27 finance ministers at 2130. For now it does *not involve language on additional macroeconomic conditionalities on the use of ESM funds
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