Dijsselbloem: Τhe elections in Greece will not cause any delays to the recapitalization of the banks

Jeroen Dijsselbloem, Dutch finance minister and president of the Eurogroup, speaks during a news conference following a meeting of European finance ministers in Brussels, Belgium, on Monday, March 9, 2015. Greece will resume talks with its creditors this week after euro-area finance ministers demanded urgent action to avert an impending cash crunch. Photographer: Jasper Juinen/Bloomberg *** Local Caption *** Jeroen Dijsselbloem

The chief of the Eurogroup and Dutch Finance Minister Jeroen Dijsselbloem argued that the elections in Greece will not cause any delays to the recapitalization of the banks.

Mr. Dijsselbloem, who was speaking from the stand in the Dutch Parliament, further stressed that payments made to Greece are directly associated with meeting targets that have been set out in the bailout agreement.

Additionally, Mr. Dijsselbloem explained that the European Central Bank will examine the particular needs of the banks in Greece in order to determine how many fund will be necessary for their recapitalization.