‘Pressure back’ on Greece as bailout falters
Bratislava (AFP) – Eurogroup head Jeroen Dijsselbloem warned Athens on Friday to swiftly deliver on overdue reforms as its massive bailout programme fell off track triggering fears of a new row with Greece.
Leftist-led Greece is struggling to deliver on fresh reforms that are needed to unlock a further 2.8 billion euros ($3 billion) in bailout loans and more crucially, launch negotiations on debt relief later in the year.
“The pressure is back on. We really need some progress. The summer is over, pack up the camping gear, get back to work,” Dijsselbloem, who leads the group of 19 finance ministers from the eurozone, told reporters in Bratislava. – READ MORE