Eurogroup chief urges quick action from Greece

ATHENS: Greece must wrap up its review of economic reforms “before the end of the year” in order to exit its huge bailout ministers said Monday.

Following talks with Greek government leaders in Athens, Dutch chairman Jeroen Dijsselbloem said “we share a strong joint commitment to rapidly conclude the review before the end of the year”.

Greece has received two multibillion euro bailouts since 2010. The third rescue program, cur states alone, runs to August 2018 and Athens then hopes to

“It’s feasible and should be done,” Dijsselbloem said after meeting Greek Prime Minister Euclid Tsakalotos.

In order to get the green light from its creditors to release the agreed loans, Greece is expected to fulfill 95 committments by December, including reforms to fully the civil service and social ben market, and an acceleration of privatization.

Without discounting the con which have arisen in the negotiations between his country and its creditors, Tsakalotos said he was convinced that a common ground would be found.

His Dutch counterpart stressed that “confidence has returned” in Greece and abroad on the prospects for recovery. His visit coincided with the formal closure of the EU’s disciplinary procedures against Greece, which started in 2009.

Two years after Tsipras’s leftist government nearly crashed Greece out of the euro, and eight years after the country plunged into economic crisis, employment

Dijsselbloem stressed that the country was coming back from a distance, joking about the “good memories” that he had of the “his where he was speaking.

He also estimated the outcome of the German elections will not affect the progress of the bailout process.

“My best guess is that the German position will not change,” he said.