Monday’s Eurogroup will reach deal on Greece but not final ‘end deal,’ Dijsselbloem says

“I expect and am working on a deal today but it will not be ‘the’ end deal. We’ve always said that the final, concrete decision on extra debt relief measures will come at the end of the programme, which is next year,” Eurogroup President Jeroen Dijsselbloem said in a doorstep statement as he arrived for Monday’s Eurogroup on Greece.

“On the other hand, the International Monetary Fund (IMF) has asked for more clarity, more specificity, on how far that could go, what that could look like. So that’s what we’re looking at today: could we give more specifics on what the debt measures could be. But again, the formal decision on debt relief, if needed, will come at the end of the programme,” he added.

Dijsselbloem said that the aim on Monday was to ensure the IMF’s participation in the Greek programme. He noted that there were “different demands” on some issues, such as on the growth of the Greek economy, and repeated that there will be greater clarity on all issues at the end of the Greek programme.

The Eurogroup president noted that Monday’s Eurogroup will very probably decide the size of the next tranche of loans to be disbursed to Greece.