Off the wire
• Ricci Bitti elected President of SportAccord Convention  • Turkey summons Israeli diplomat over deported Turks  • Interview: Russian expert urges media to promote cooperation for mutual understanding  • 36 Nigerien civilians killed in Boko Haram attacks in June: gov't  • Global drug use stable, but access to prevention remains insufficient: UNODC  • China Voice: Yuan's SDR inclusion, the sooner the better  • French attack suspect watched for radicalization 9 years ago: official  • Namibia national rugby coach resigns  • Chinese mayor sacked for cadre's boozy death  • EU trade with China significantly up over last decade: Eurostat  
You are here: 　 Home

Eurogroup to convene fifth meeting on Greece in 10 days

Xinhua, June 26, 2015 Adjust font size:

The Eurogroup meeting on Greece will reconvene in Brussels on Saturday which would be the fifth in 10 days, according to an official statement issued Friday.

"The Eurogroup will reconvene in Brussels at 17.00 on 27 June 2015," the statement said. It confirmed the uncertain news that Eurogroup President Jeroen Dijsselbloem have said Thursday that a meeting would "probably" reconvene on Saturday to take stock of the situation.

Saturday's meeting will be the fifth one in ten days tasked with looking for a solution for Greek debt crisis since the Luxembourg meeting held on June 18.

"On a number of issues there is still a wide gap with the Greek authorities. In the meantime, the door is still open for the Greek authorities to accept the proposals tabled by the institutions," Dijsselbloem said after Thursday's Eurogroup meeting.

The clock is ticking. On June 30, the extension of the second bailout that Greece and international creditors agreed to in February expires. Also on June 30, Greece needs to make a 1.6-billion-euro loan installment repayment to the International Monetary Fund. With Greek state coffers almost empty, it would be difficult to avert a credit event with no agreement.

The Eurogroup is a meeting of the finance ministers of the eurozone, or the 19 of 28 European Union's member states that have adopted the euro as their official currency. Endit