EU May Give Greece More Time to Meet Fiscal Targets - Dijsselbloem

EU May Give Greece More Time to Meet Fiscal Targets - Dijsselbloem

 The euro zone may give Greece more time to meet fiscal targets agreed under its international bailout, the chairman of the euro zone finance ministers said.

"The Commission's approach regarding fiscal consolidation is more flexible, giving certain countries more time to meet their targets. I believe that this will be the case for Greece if needed," Jeroen Dijsselbloem told Kathimerini newspaper.
"We will meet at some point in 2014 to see what more Greece will need on the condition it has met the set targets," Dijsselbloem said in the interview. "We have not made any decisions on what form this debt relief will take and whether it will include erasing part of the bilateral loans."
 
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