ROME (Reuters) – Jeroen Dijsselbloem, chair of euro zone finance ministers,
spelled out on Friday that the bloc’s position regarding Greece’s debt negotiations has not changed and Greece must commit to its current bailout program before any debt relief can be considered.
“If the Greek government completes and fully commits to the current program, which is now standing still, and is being redesigned … we, the Eurogroup countries, would stand ready to consider to do more” on debt relief, Dijsselbloem said.
Speaking to reporters after a meeting with Italian Economy Minister Pier Carlo Padoan in Rome, Dijsselbloem said talks with Greece were making progress. But an agreement would not be found in time for a Eurogroup meeting on Monday, he said.
Padoan said he was confident an agreement would be reached in “a reasonable time frame”.
(Reporting by Gavin Jones, writing by Isla Binnie, editing by Alessandra Galloni)