The head of the Eurogroup Jeroen Dijsselbloem explained on international news agency Bloomberg that he was uncertain when the IMF, ECB and EU representatives would return to Greece for its next evaluation.
The Dutch Finance Minister explained that the uncertainty was due to the Greek government’s procrastination with regards to the implementation of prior actions. As a result, Greece will be unable to collect the loan installments that were due in the final quarter of 2013.
Mr. Dijsselbloem also noted that the Eurogroup may approve the next installment for Portugal and that the restructure of the Spanish banking system will take about five years.
