9 Mar 2015
Greek reforms need scrutiny – Euro group’s Chief Dijsselbloem
FXStreet (Mumbai) - Speaking about a letter received on Friday from Greek Fin Min Varoufakis ahead of Euro group meetings in Brussels today, Euro group Chair Jeroen Dijsselbloem said that the list of reform proposals sent by Greece to euro zone finance ministers to secure liquidity is "helpful", but needs scrutiny by the country's creditors.
Key Quotes:
"The proposals described in your letter will thus need to be further discussed with the institutions,"
"Let me also clarify that in the course of the current review the institutions will have to take a broad view covering all policy areas,"
"We have agreed that the discussions with the joint institutions will take place in Brussels," "technical work to support this process will be done on the ground in Athens."
"I would encourage you to work in close coordination with the institutions with a view to achieve a speedy and successful conclusion of the review."
Key Quotes:
"The proposals described in your letter will thus need to be further discussed with the institutions,"
"Let me also clarify that in the course of the current review the institutions will have to take a broad view covering all policy areas,"
"We have agreed that the discussions with the joint institutions will take place in Brussels," "technical work to support this process will be done on the ground in Athens."
"I would encourage you to work in close coordination with the institutions with a view to achieve a speedy and successful conclusion of the review."