Article 7R1S Time is running out for Greece, says Eurogroup chief

Time is running out for Greece, says Eurogroup chief

by
Graeme Wearden
from on (#7R1S)

Jeroen Dijsselbloem said it was very hard to consider a new programme for Greece to cover its funding needs beyond June, given the lack of recent progress

Mounting tensions between Greece and other euro members have flared up at an acrimonious meeting in Riga, with finance ministers blasting the country's leftwing leaders for failing to make more progress towards a bailout deal.

Ministers lambasted Greek finance minister Yanis Varoufakis for not reaching an agreement with creditors two months after the eurozone extended Greece's loan programme until the end of June.

Related: Greek debts: what does it owe? When will the money run out?

Related: Yanis Varoufakis: a new deal for Greece

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