BRUSSELS: Greece and its international creditors will meet Saturday in Brussels to discuss Athens’ massive debt bailout programme and reforms it must adopt in exchange for urgently needed funds, the EU said Friday.
Progress in the talks has so far proved elusive while Athens is running out of money to pay its creditors, raising the risk of a default and a potentially chaotic exit from the single currency bloc.
“The Brussels group is meeting this weekend as of tomorrow afternoon, “European Commission spokeswoman Mina Andreeva told a press conference.
The Brussels group is made up of Greece, the European Union, the European Central Bank and the International Monetary Fund, plus the European Stability Mechanism, which issues bonds or other debt instruments on the financial markets to raise capital to aid member states.
Published in Dawn, April 18th, 2015
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