For Dijsselbloem to Decide on Eurogroup Meeting, EU Says

The European Commission said it is up to Eurogroup head Jeroen Dijsselbloem to decide on calling a meeting of the group of euro-area finance ministers to discuss Greece.

“It is not for the commission to call for a eurogroup,” Margaritis Schinas, a spokesman for the European Union executive, told reporters in Brussels on Tuesday. “This is for the eurogroup president, Jeroen Dijsselbloem, who will have to make this call on the basis of discussions between the institutions and the Greek authorities that are currently ongoing in Athens.”

The euro-area finance ministers and the International Monetary Fund said on Friday that an agreement to unlock more funding for Greece could be concluded within days as long as the Greek government approves “contingency measures” to ensure it meets a 2018 budget-surplus target.

The ongoing “discussions include: one, to finalize the already agreed reforms and, two, a framework for a contingency mechanism,” Schinas said.

On Friday, Dijsselbloem cited “substantial progress” in the negotiations and said the sides are “close to an agreement on a number of key areas.”

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