Eurogroup President: Substantial Progress for Return of Institutions to Athens

 “There has been substantial progress and we are close to a common ground for the return of institutions in Athens next week,” said President of the Eurogroup Jeroen Dijsselbloem in a statement after Friday’s meeting with Greece’s finance minister Euclid Tsakalatos and representatives of the institutions.

The Dutch finance minister spoke of the meeting as being “constructive,” adding that “the timely completion of the second evaluation is in the interests of all sides.” He also added that further progress will be accomplished during the second evaluation at the next Europgroup.

The meeting was also attended by President of the EuroWorking Group, Thomas Weiser; director-general for Economic and Monetary Commission affairs, Marco Buti; head of the quartet, Declan Costello; Head of ESM, Klaus Regling; the member of the ECB Executive Board, Benoit Coeuré; the head of the European department of the IMF Poul Thomsen and IMF mission Chief in Greece, Delia Velculescu. Greece was represented by Minister of Finance, Euclid Tsakalotos and Deputy Finance Minister George Chouliarakis.

The following is his full statement:

“Today the Greek minister of Finance, the institutions (European Commission, ECB, ESM and IMF) and I had a constructive meeting on the state of play of the second review. There is a clear understanding that a timely finalization of the second review is in everybody’s interest
We made substantial progress today and are close to common ground for the mission to return to Athens the coming week. We will take stock of the further progress of the second review during the next Eurogroup.”