Creditors put more pressure on Greece

Eurogroup president Jeroen Dijsselbloem said that the IMF’s presence in the programme was “not negotiable at this point”.

The creditor institutions – the IMF, the European Commission, the European Central Bank and the European Stability Mechanism – asked the Greek government to design further measures on the labour market, pensions and tax that would guarantee that it reaches 3.5-percent primary budget surplus required by the bailout programme.

“We have encouraged them to accelerate that work,” Eurogroup president Jeroen Dijsselbloem said after the meeting, adding that “a quick finalisation of the second review is in everyone’s interest”. But Greece and its creditors did not make much progress on Thursday.

https://euobserver.com/economic/136694

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