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Greece taxes patience of eurozone finance ministers
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Eurozone finance ministers are “losing patience” with Greece, Eurogroup president Jeroen Dijsselbloem told a Greek daily as the government unveiled its next budget yesterday without concluding an EU-IMF audit.
The first details of the budget said that the deep recession in the economy would end next year with 0.6 percent growth, following a 4-percent contraction in 2013.
But Dijsselbloem had told the Ta Nea daily after a lecture in The Hague on Wednesday that “many finance ministers of the eurozone are starting to lose patience,” the paper reported.
A statement issued by the International Monetary Fund early yesterday said that auditors from the IMF, the European Central Bank and the European Commission had concluded their latest visit to Greece to review progress on the country’s economic program, without reaching a full agreement.
Such audits determine whether or not Greece receives the next installment of rescue funding.
The IMF said the discussions had been “productive” on the policies “that could serve as a basis” for completion of the review. It said “good progress has been made, but a few issues remain outstanding. Talks would continue from the headquarters of the three creditor bodies and the auditors would return to Athens “early in December,” the statement said.
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