The eurogroup meeting has ended.
According to the Guardian that strongly suggests that very little progress has been made on the latest Greek proposals; and that ministers will not be able to brief EU leaders ahead of tonight’s summit.
Vladis Dombrovskis, the European Commissioner responsible for the euro, has declared that the Eurogroup will meet again this week.
Greece’s proposals are a welcome step but more work together with institutions is needed. Eurogroup will reconvene this week. We need a deal in the coming days, he says.
Eurogroup president Jeroen Dijsselbloem says that the aim is to have a deal on Greek debt by the end of the week.
Dijsselbloem and EU Monetary Affairs Commissioner Pierre Moscovici said the Greek proposals were made too late – after midnight Sunday and Monday morning – to have an in-depth debate. They are still being examined.
If possible, we will use these new Greek proposals as the basis for a deal. The general opinion is that they are “broadly comprehensive”, but we need to check they are comprehensive enough, says Dijsselbloem.
Basically they are a basis to restart talks, he adds.