Economics

Euro Area Tells Greece to Speed Up Work on Aid Payout Conditions

  • Nation needs to complete further reforms to qualify for loans
  • Steps required before euro area will discuss debt relief

Dijsselbloem: The Greek Economy Is Starting to Grow

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Euro-area finance ministers sounded a familiar alarm bell about lagging Greek economic reforms, saying the nation still has much to do to qualify for its next aid payout.

The economy chiefs, meeting in Bratislava, expressed frustration that Greece hasn’t made sufficient progress in realizing its latest set of creditor-imposed conditions, warning they are in no mood to return to the chaotic aid negotiations that have characterized their relations since 2010.