Date
17 November 2017
Greek Finance Minister Yanis Varoufakis (L) talks with Eurogroup Chairman Jeroen Dijsselbloem at a eurozone finance ministers meeting in Brussels on March 9. Photo: Reuters
Greek Finance Minister Yanis Varoufakis (L) talks with Eurogroup Chairman Jeroen Dijsselbloem at a eurozone finance ministers meeting in Brussels on March 9. Photo: Reuters

EU tells Greece to ‘stop wasting time’

The European Union told Greece to stop wasting time over enacting reforms, as the troubled nation seeks to unlock fresh funds from international creditors.

“We’ve talked about this long enough now,” Dutch Finance Minister Jeroen Dijsselbloem said on Monday after chairing a meeting of eurozone colleagues, Reuters reported.

“We only have four months… Let’s get it done,” the Eurogroup chairman said, referring to a June deadline for completing a 7.2 billion euro bailout extension for Greece.

Athens has sent a six-point plan of reforms to Brussels last Friday, but has been warned by the head of the Eurogroup that the measures are “far from complete”.

“We seem to be losing time now – since the last Eurogroup little has been done in terms of future talks, in terms of implementation”, Dijsselbloem said.

“The key issue now is not to waste any more time.”

The Eurogroup agreement last month made disbursement of further funds conditional on Greece passing a final set of tests on economic reforms.

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RC

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