ECONOMY

Nobody can deny Greece’s progress, Stournaras says ahead of Eurogroup meeting

There should be no question about Greece’s efforts to shake up its ailing economy and meet the demands of its lenders, the country’s finance minister said ahead of a Eurogroup summit in Brussels on Thursday.

“I expect a constructive discussion. Nobody can deny the progress Greece has achieved so far,” Yannis Stouraras told journalists.

Stournaras will seek to convince his eurozone peers that Greece is being unfairly criticized by its international creditors and that the government has made significant steps in both fiscal consolidation and structural reform as concern mounts about the domestic political consequences of the latest round of troika pressure.

The Greek finance minister is expected to brief the Eurogroup, along with troika officials, about the latest review of the adjustment program in the wake of a European Union official saying that the two side were “miles apart” in terms of agreeing on the size of Greece’s fiscal gap for 2014.