PM Tsipras to meet with EC's Juncker and EP President Schulz on Friday

Prime Minister Alexis Tsipras has travelled to Brussels today on order to meet, early in the morning, with European Commission President Jean-Claude Juncker and the head of the European Parliament, Martin Schulz.

Friday's critical meetings come in the wake of the signing of a cooperation deal between the Greek Government and OECD on reforms on Thursday. OECD has agreed to offer the Greek side its know-how with regard to the reform planning and implementation, which are the priorities of the Greek government.

Speaking in Paris after a meeting with OECD Secretary General Angel Gurria at the organization's headquarters, PM Tsipras said that this agreement will produce reforms that will promote social justice and economic growth, not austerity and social instability, as was the case in the past.

Asked about the disbursement of pending loan tranches, the PM said: "Right now there is a negotiation underway? On our part, we are doing whatever we can to be honest. There is no reason for concern. Even if there is no disbursement, Greece will still meet its obligations. However, if this happens, it will mean that one side is promoting the agreement while the other seeks to undermine it."

"There is mutual suspicion between Greece and it s partners and that's why we are here," Tsipras noted, adding that today's agreement with OECD confirms the country's determination to proceed with structural reforms.

"The era of austerity, memorandums and the troika has ended," Tsipras said, adding that Greece wanted to "create a new relationship with its European partners based on sincerity, realism and mutual understanding."