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> Economy

Schaeuble: Markets are worried about Greece

"The process is continuing, quite a lot of ground has been covered, so that I’m optimistic that we’ll find a good outcome," Jeroen Dijsselbloem said

Newsroom February 11 03:52

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The Eurozone finance ministers’ meeting is still in progress in Brussels, where the negotiations between the Greek government and Greece’s lenders are expected to be evaluated.

Arriving at the meeting German Finance Minister Wolfgang Schaeuble stressed that markets are worried about Greece, while he highlighted that all finance ministers of the euro zone will call Athens to remain on the program.

Eurogroup President Jeroen Dijsselbloem on Thursday said he was “optimistic” concerning ongoing talks on the Greek programme, while arriving at Eurogroup meeting.

“There were some rumours in the press that the process had derailed. I am absolutely convinced that that’s wrong. The process is continuing, quite a lot of ground has been covered, so that I’m optimistic that we’ll find a good outcome,” he said, noting that the meeting on Thursday would just “take stock of the process that is still going on in Athens.”

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“The Greek government is talking to our institutions about the design of the pension reform, some fiscal issues and they need to reach an agreement. I think a lot of work has already been done, more homework is being prepared by both sides and on that basis work will continue,” he said.

 

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