Eurogroup: Greece and institutions to hold intensive talks in Brussels on pending issues

Óõíåäñßáóç ôïõ Eurogroup ôçí ÐÝìðôç 14 Éáíïõáñßïõ 2016, óôéò ÂñõîÝëëåò. (EUROKINISSI/ÅÕÑÙÐÁÚÊÇ ÅÍÙÓÇ)

Greek authorities and the institutions will intensify negotiations in Brussels to focus on the outstanding issues, a Eurogroup statement issued after the meeting of the Eurozone finance ministers said on Monday.

“The Greek authorities and the institutions continue aiming for a swift conclusion of the staff-level agreement, based on the common understanding they reached last month. They will hold intensive talks in Brussels in the coming days, focusing on the main outstanding issues,” the Eurogroup said.

The pending issues include the growth-friendly rebalancing of Greece’s public finances over the medium term (in 2018 and beyond) and the labour market reform, it added, noting that a staff-level agreement is “a necessary condition” for the successful conclusion of program reviews and therefore for receiving further financial support available under the program.