ECONOMY

Monday’s Eurogroup not certain to take place

It is not yet certain whether euro zone finance ministers will meet on Monday in Brussels to agree a financing package for Greece as not all conditions have been met, such as a deal on voluntary losses by private creditors, a German finance ministry spokesman said on Friday.

“So far there is no invitation, nor has (the extraordinary eurogroup meeting) been announced, nor has there been advance notice that such a meeting will take place,» the spokesman told a regular news conference.

“A meeting of this kind only makes sense — if it is to be about Greece — if we have all the elements sorted… All of those elements have not been met, so it’s speculative to talk about such a meeting.”

[Reuters]