The chief of the Eurogroup Jeroen Dijsselbloem has stressed that the Greek government must make greater efforts, if it wants to reach an agreement with its creditors, in a Thursday-morning interview for Reuters.
With his comments on the sidelines of the G7 summit in Dresden, Mr. Dijsselbloem essentially disputed Greek claims that a staff-level agreement was immanent and that it was currently being drafted.
Similarly, the director of the IMF Christine Lagarde told a German television network that the talks between Greece and the institutions have not had any meaningful results and argued that a lot more work needed to be done.
When asked about the upcoming 300-million-euro loan payment that is due to the IMF on the 5th of June, Mrs. Lagarde stated that she had a “good feeling” that the Greek government would fulfill its obligations.
The USA, UK and Italy are expected to pressure Germany, France and the IMF into reaching an agreement as soon as possible, while Canada and Japan will likely adopt a more neutral stance.
