07:34 GMT07 March 2021
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    Greece's Gordian Knot: Syriza Tackles Austerity (404)
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    Austrian Finance Minister Hans Joerg Schelling said that the issue of the Greek exit from the eurozone is not under discussion.

    BRUSSELS (Sputnik) — The eurozone finance ministers’ negotiations on Greece’s new aid package are tough as a number of controversial points are still being discussed, Austrian Finance Minister Hans Joerg Schelling told journalists on Sunday.

    "I am always optimistic but it’s a very-very difficult negotiations because there are many points we have not agreed in between the Eurogroup and in between with Greece," Schelling said after arriving to the finance ministers meeting in Brussels.

    The issue of the Greek exit from the eurozone is not under discussion, he added.

    The Eurogroup’s Saturday meeting ended without any decision regarding the international creditors’ initial assessment of the Greek proposal required to secure a third bailout package.

    On Thursday, Greece submitted the new reform proposal, needed to secure a third bailout package from its international creditors.

    Greece owes about $270 billion to the International Monetary Fund, the European Central Bank and eurozone nations.

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    Greece's Gordian Knot: Syriza Tackles Austerity (404)

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    Tags:
    bailout program, Eurogroup, Eurozone, Hans Joerg Schelling, Greece, Austria
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