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Eurogroup urges Greece, creditors to resume debt talks

Xinhua, January 27, 2017 Adjust font size:

The Eurogroup urged Greece and its creditors to swiftly resume negotiations to agree on a policy reform package on Thursday in a bid to maintain the sustainability of Greek debt.

The reforms concerned Greece's labor and product markets, its energy sector and other areas, the Eurogroup said in a statement released following the Eurogroup meeting on Thursday.

Ministers of the 19-country single currency zone also expected that an agreement would be reached on Greece's medium-term fiscal strategy.

The second review of the Greek bailout program was initially scheduled to close in 2016, but has stalled over diverging views on thorny issues, including fiscal targets and labor reforms. Endit