Conclude Greek Bailout Review Soon to Avoid Uncertainty

European Union officials urged Greece and its lenders on Thursday to conclude a bailout review quickly to avert fresh uncertainty hovering over the crisis-hit nation and warned that a stalemate could harm its nascent economic recovery.

Inconclusive talks between Greece and its international creditors on economic reforms and debt relief have cast doubt over the future of Greece’s 86 billion euro (£73 billion) bailout programme.

European Commissioner for Economic and Financial Affairs Pierre Moscovici said he was “hopeful” for a political agreement before a meeting of euro zone finance ministers next Monday.

Reuters

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