No ‘Crisis Talk’ over Greek Bailout: Djisselbloem

The Greek bailout program is not heading for a crisis, the head of the Eurogroup of euro zone finance ministers told CNBC on Thursday, saying that a deal on a reform package that will unlock more loans to the country was near.

“We’re getting very close (to an agreement over reform targets) so I’m not for all this crisis talk. If we concentrate on where we are and try and push it through we’ll get it done far before the summer,” he said, saying that there was “hopefully” no danger of Greece facing a credit line before more bailout money can be released.

He added that once Greece hit targets over pension reform, income taxation and privatization, among other issues, “then we will come to debt and see what needs to be done now or later.”


Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.