Tuesday, March 10, 2015

Eurozone Calls for Faster Action From Greece

Wall Street Journal
March 9, 2015

Talks between Greece and the institutions overseeing its bailout will start delving for the first time into technical detail here this week, eurozone finance ministers decided Monday, a sign that most of the work needed to secure desperately needed funding for Athens has yet to be done.

“The real talks haven’t really started yet,” Jeroen Dijsselbloem, who presides over meetings of eurozone finance minister said after the meeting.

The technical talks between Greece and the institutions—the European Commission, the European Central Bank and the International Monetary Fund, collectively known as the troika—are necessary to agree on the measures Greece has to implement to get more funding. But it hadn’t previously been clear where the experts would meet to do their assessment.


No comments: