Eurogroup hails Greece 'progress', more effort needed

GMT 18:03 2015 Monday ,11 May

Arab Today, arab today Eurogroup hails Greece 'progress', more effort needed

French Finance Minister Michel Sapin (R)
Brussels - AFP

Eurozone finance ministers on Monday hailed the progress made by Greece in its marathon bailout negotiations with its EU-IMF creditors, but urged Athens to speed up work to reach a deal.

"We welcomed the progress that has been achieved so far... At the same time, we acknowledged that more time and effort are needed to bridge the gaps on the remaining open issues," they said in a statement after meeting in Brussels.

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