Dijsselbloem Says Greece Moving in Direction of Euro Exit

Eurogroup President Jeroen Dijsselbloem said that “the way as it goes now we’re going into that direction” of a Greek exit from the euro area.

Dijsselbloem spoke in Luxembourg after euro-area finance ministers on Thursday failed to reach a financial deal to keep Greece afloat.

“Only if the Greeks come up with a new and serious proposal, this could lead to a new agreement, but for now we’re far away from that,” said Dijsselbloem, who heads the group of 19 euro-area finance ministers.

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