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Athens Macedonian News Agency: News in English, 15-05-08

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From: The Athens News Agency at <>


  • [01] Djisselbloem, Padoan say there is progress in the negotiations

  • [01] Djisselbloem, Padoan say there is progress in the negotiations

    ANA/MPA---Eurogroup president Jeroen Dijesslbloem and Italian Finance Minister Pier Carlo Padoan agreed that significant progress has been made in the negotiations with Greece during their meeting on Friday in Rome.

    "We had a serious exchange of views. Progress has been made on the dialogue procedures as well as on the agreement on measures that Greece should undertake. The whole procedure must speed up. On Monday the discussion will continue and I believe that an agreement will be reached in a reasonable period of time," stated Padoan.

    On his part, Dijesslbloem underlined "in the last weeks there was a progress and we had a constructive discussion, progress on many issues. We have not reached an agreement yet and Monday's Eurogroup meeting will not be determinant. We all understand how urgent the condition is, and the discussions are fruitful."

    Asked on the possibility of a Greek debt restructuring, Eurogroup president said "Eurogroup's position is that of November 2012. If Greece completes its programme which is reviewed then the EU countries could examine the restructuring issue and revise the interest rates. But the programme must be completed even with changes. However, every night I keep under my pillow the statements and decisions of November 2012 Eurogroup.

    Finally, at an ANA-MPA question on the creditors demand on the layoffs deregulation and if this position can be reconsidered, Eurogroup president replied: "I am open to examine new measures but the target should always be the debt's sustainability and the return to economic growth, recovery and to Greece's financial independency and stability. I am certain that we will succeed."

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