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Eurogroup head dampens Greece's enthusiasm over debt deal

2015-06-02 7 Dailymotion

The head of the Eurogroup is dampening Greece’s enthusiasm over striking a debt deal.<br /><br /> Jeroen Dijsselbloem says an agreement to release aid is not theoretically possible this week. <br /><br /> It comes after Athens revealed that it had sent its creditors a “realistic” package of reforms. <br /><br /> “We have made concessions because a compromise demands concessions. We know these will be difficult, but we have submitted a realistic plan for Greece to exit the crisis,” said Greek Prime Minister Alexis Tsipras.<br /><br /> Dijsselbloem says euro zone officials will not meet Greece “half way,” stressing that the whole package “must make sense in budgetary terms.”<br /><br /> Angela Merkel, Francois Hollande and finance officials have held late night talks in Berlin, as the clock ticks ahead of a Friday deadline. <br /><br /> That is when Athens is due to make a 300-million euro repayment to the International Monetary Fund. <br /><br /> Starved of aid and access to bond markets, Greece is close to running out of money.<br /><br /> It has threatened to de

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