Eurogroup teleconference still underway

Shortly after the Greek government council ended, the teleconference between Eurozone FinMins began. The Eurogroup teleconference will be deciding on the list of reforms presented by the Greek government.

Jeroen Dijsselbloem, in earlier statements, confirmed that the EC received the Greek government’s proposal late last night, underlining that it is not a “memorandum”.

According to Mr. Dijsselbloem, the Greek government is serious on reforms, but have a different vision, and thus the deal will have to be altered.

After the approval of the Eurogroup, the deal must be ratified by six more national parliaments besides the Greek one: Germany, Malta, Estonia, Slovakia, Slovenia and Finland.