NEWS

Slovak finance minister skeptical on Greece deal in Riga next week

Greece is moving ever closer to the abyss and there are not big chances of a breakthrough at a meeting of eurozone finance ministers in Riga next week, Slovak Finance Minister Peter Kazimir said on Wednesday.

“Given the we have lost a lot of time, I am skeptical,” Kazimir told reporters after a Slovak cabinet meeting when asked if he believed the Riga meeting could bring a breakthrough.

“Greece is moving ever closer to the abyss.”

A meeting of deputy finance ministers last Thursday gave Athens a deadline of six working days to present a revised economic reform plan, before euro zone finance ministers meet on April 24 to decide whether to unlock emergency funding to keep Greece afloat. [Reuters]