Eurogroup, 25/06/2015 - Outcome
Outcome
The Eurogroup was updated on the state of play of the intensive negotiations between the institutions (the European Commission, the European Central Bank and the International Monetary Fund) and the Greek authorities on Greece's comprehensive reform plan.
The agreement on the plan is a precondition for a successful completion of the current review of Greece's ongoing programme and for releasing the remaining financial assistance. The agreement between Greece and the European Financial Stability Facility (EFSF) expires on 30 June 2015.
Ministers agreed that the institutions would assess the latest proposals by the Greek authorities, which were submitted on 25 June, before the Eurogroup meeting.
The institutions informed the Eurogroup that the positions still differ on a number of issues. Ministers invited the Greek authorities to accept the proposal by the institutions.
Eurogroup President Jeroen Dijsselbloem i will inform the heads of state or government on the state of play at the European Council meeting which takes place on the same day (25 June 2015).
The Eurogroup is likely to reconvene on Saturday, 27 June 2015.