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Netherlands: Eurogroup ministers arrive for discussions on Greece bailout02:20

Netherlands: Eurogroup ministers arrive for discussions on Greece bailout

Netherlands, Amsterdam
April 22, 2016 at 11:19 GMT +00:00 · Published

Economic and finance ministers from the 28 European Union (EU) member nations arrived to an informal meeting of the EU Economic and Financial Affairs (Ecofin) Council in Amsterdam, Friday, to discuss the progress achieved in economic reforms to complete the first review following Greece's bailout deal.

At his arrival, Eurogroup President Jeroen Dijsselbloem said that "if we make progress on the content of the program and the next steps, then we need to start the discussion on debt, but we are at the beginning of that discussion, so don't expect any agreement today."

On the other hand, European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici stated "there were very very good progress in Athens, and in my view we are close to an agreement."

Managing Director of the International Monetary Fund (IMF) Christine Lagarde, stated that she thinks the "program has to walk on two legs, there has to be sufficient reforms" and "there has to be the sustainability at the end of the day.

Netherlands: Eurogroup ministers arrive for discussions on Greece bailout02:20
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Description

Economic and finance ministers from the 28 European Union (EU) member nations arrived to an informal meeting of the EU Economic and Financial Affairs (Ecofin) Council in Amsterdam, Friday, to discuss the progress achieved in economic reforms to complete the first review following Greece's bailout deal.

At his arrival, Eurogroup President Jeroen Dijsselbloem said that "if we make progress on the content of the program and the next steps, then we need to start the discussion on debt, but we are at the beginning of that discussion, so don't expect any agreement today."

On the other hand, European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici stated "there were very very good progress in Athens, and in my view we are close to an agreement."

Managing Director of the International Monetary Fund (IMF) Christine Lagarde, stated that she thinks the "program has to walk on two legs, there has to be sufficient reforms" and "there has to be the sustainability at the end of the day.

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