Eurogroup: Τhere are positive signs, but there are still wide differences to cover

The Eurogroup meeting taking place in Riga, Latvia, was concluded on Friday.

Eurogroup chief Jeroen Dijsselbloem said that “there are positive signs, but there are still wide differences to cover and to bridge on substance,” adding that “time is running out and too much time has been lost.” Dijsselbloem also stated that “the responsibility for that lies mainly on the side of the Greek authorities.”

“We will take stock of the situation again at our next regular Eurogroup in May,” Dijsselbloem added.

“Our message today is very clear: We need to accelerate, we need to accelerate from today … there is no other choice if we want to reach the goal that everyone shares, which is a stable, prosperous Greece anchored in the euro zone,” EU Economics Commissioner Pierre Moscovici on Friday told a news conference following a meeting in the Latvian capital.