ECONOMY

Greece must urgently meet its commitments, Dijsselbloem says

Greece must urgently meet the commitments it made to international lenders in order to restore its competitiveness and attract foreign investment, Eurogroup chief Jeroen Dijsselbloem has told Ta Nea daily.

Speaking on ongoing negotiations between EU/IMF troika officials and the Greek government on demanded austerity measures, Dijsselbloem said that Athens still has a lot of work to do before it can meet its pledges.

The Dutch official said that the evaluation process must be completed soon as many eurozone finance ministers have started to lose patience with Greece. He did not provide more specific details.

In a joint statement on Thursday, troika officials said that a number of questions remain over Greece’s reform progress.

“Good progress has been made, but a few issues remain outstanding. The discussions will continue from respective headquarters,” the statement said adding that talks will resume early December.