French FM at Eurogroup: On track for debt relief agreement

An agreement on the Greek debt relief is possible by June’s Eurogroup, French Economy and Finance Minister Bruno Le Maire said on Thursday shortly before today’s Eurogroup.

Greece needs to continue its reforms, and when the process is completed then Eurozone countries should determine a clear and strong mechanism to manage the country’s debt ahead of its accessing the markets.

“We are on the right track towards an agreement” that would include “a strong management of the Greek debt by June,” he said.