Wednesday, 16 November 2016

Eurogroup to discuss debt relief for ‘committed’ Greece – Dijsselbloem

In World Economy News 16/11/2016

Relations between Greece and its creditors are more constructive than ever and the bloc’s finance ministers will discuss wide-ranging debt relief for the country when they meet next month, Eurogroup head Jeroen Dijsselbloem said on Wednesday.
“The current Greek government seems to be very committed, and working much more constructively than previous governments. There is a degree of optimism,” Dijsselbloem said at a conference in London.
“In December, we will have to talk about short-term debt measures, there are some things we can do now and in the coming years a number of measures can be set up for the end of the programme.”
Euro zone finance ministers, known as the Eurogroup, are scheduled to discuss Greek debt relief measures on December 5.

Source: Reuters (Reporting by John Geddie, Editing by Abhinav Ramnarayan)