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ATHENS – “After Greece completes, in a satisfactory way, the review and wants support, the Eurozone will be willing to help,” Eurogroup chairman Jeroen Dijsselbloem on Thursday said, arriving for the Eurogroup meeting opening Thursday that will discuss Greece’s exit from the memorandum loan agreement.

“This will be decided in December,” he underlined.

European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici stated that it is necessary to reach solutions for Greece and Cyprus, and announced that he intends to visit Athens by the end of November.
This discussion is considered to be crucial for the particularly difficult and delicate negotiation the government is now carrying out in order to “complete this phase and move on to a new phase, after the memorandum and the troika, with all the safeguards of the existing European mechanisms,” Government Vice-President and Foreign Minister Evangelos Venizelos said on Wednesday after a meeting with Prime Minister Antonis Samaras and Finance Minister Gikas Hardouvelis at Maximos Mansion.

“We must be very cool-headed, very precise and not undermine our own efforts with a nervous internal discussion,” he added, noting that this gave market speculators a pretext to move against Greece.

An agreement with the country’s EU partners on “the day after” for the Greek economy will be reached by the end of the year, Finance Minister Gikas Hardouvelis said on Wednesday, after the meeting with Samaras and Venizelos.

Referring to statements made by Jeroen Dijsselbloem as presented in the press, he said that in a telephone communication they had at noon, the Eurogroup president himself had clarified that his statements were altered and that in a document to his country’s parliament he had referred to what will happen on the day after and not to the continuation of the existing programme.

Greece expects a period of less intensive supervision when it quits the bailout programme at the end of the year, without the present “micro-management” by its international lenders, Hardouvelis told Reuters in an exclusive interview on Wednesday.

The post Eurozone Has Will to Help Greece, Eurogroup Chair Dijsselbloem Says appeared first on The National Herald.

Source: The National Herald
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