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Dijsselbloem Pledges to Support Greece Until Full Market Access

Sept. 5 (Bloomberg) -- Euro-area policy makers are set to support Greece until it regains full market access as they prepare more aid to follow a pair of bailouts, said Dutch Finance Minister Jeroen Dijsselbloem.

“It’s realistic to assume that additional support will be needed,” Dijsselbloem, who heads the group of euro finance chiefs, told lawmakers in Brussels today. “In this context, the eurogroup has indicated clearly that it is committed to providing adequate support to Greece during the current program and beyond until it has regained market access.”

The so-called troika that oversees Greece’s bailout is planning to return to Athens in the coming weeks to assess the progress of Greece’s 240 billion-euro ($317 billion) rescue.

“We stand ready to do more on the condition that Greece complies to all the conditions of the program,” Dijsselbloem said today. “We will evaluate where we stand in the program, also in terms of debt sustainability, in April next year.” He said it was too soon to discuss specifics.

To contact the reporters on this story: Ian Wishart in Brussels at iwishart@bloomberg.net; Corina Ruhe in Brussels at cruhe@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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