Eurogroup to Discuss Greek Program Further in September

–No need to worry about Greece’s August loan obligations

BRUSSELS (MNI) – Eurozone finance ministers will discuss at length
the Greek program in September, after the inspections of the troika are
concluded, Eurogroup President Jean Claude Juncker said.

Speaking at a press conference here in Brussels Juncker also said
that the new Greek Finance Minister Yiannis Stournaras “did not make any
requests during tonight’s Eurogroup meeting” as far as funding is
concerned.

Stournaras presented the fiscal situation of Greece and reiterated
the government’s commitment to stick to fiscal consolidation and “take
the necessary measures to get the program back on track” Juncker said.

As for the E3.2 billion worth of Greek bonds that expire on August
20, Juncker appeared confident that a solution will be found.

“There is no need to worry about Greece’s obligations” he said,
without giving specific details.

The officials of the European Commission, the ECB and the IMF,
known as the troika, will be returning to Athens on Wednesday to
continue negotiations with the Greek government.

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