The Eurogroup reiterates its appreciation for the remarkable adjustment
efforts undertaken by Greece and the Greek people over the last years. During
the last few weeks, we have, together with the institutions, engaged in an
intensive and constructive dialogue with the new Greek authorities and reached
common ground today.
The Eurogroup notes, in the framework of the existing arrangement, the
request from the Greek authorities for an extension of the Master Financial
Assistance Facility Agreement (MFFA), which is underpinned by a set of
commitments. The purpose of the extension is the successful completion of the
review on the basis of the conditions in the current arrangement, making best
use of the given flexibility which will be considered jointly with the Greek
authorities and the institutions. This extension would also bridge the time for
discussions on a possible follow-up arrangement between the Eurogroup, the
institutions and Greece.
.jpg){kind=link}
