Greek bailout: Eurogroup talks collapse – Press Conference now
Dijsselbloem: Disappointment over lack of common ground
Onto Greece. Dijsselbloem explains that the eurogroup didn’t get an agreement last Wednesday. Then he and Greek PM Tsipras agreed to start technical work on the bailout, and to examine how Greece could cover the 30% of their bailout programme which they want to abandon.
Today officials from the “institutions” reported back.... ministers had a slight sense of disappointment over the work, and that there was “no firm common ground” on what a new programme would look like.
Then, in today’s meeting.... the general feeling is that the best thing would be for the Greek authorities to seek an extension to its programme, says Dijsselbloem.
We simply need more time to examine Greece’s proposals, so an extension would give us the ability to do that work.