The president of the Eurogroup Jeroen Dijsselbloem acknowledged the Greek government’s proposal to reform its social security system, but argued that the “numbers still don’t add up”.

The Eurogroup chief and Dutch Finance Minister made the comments in an interview for Bloomberg, in Davos for the World Economic Forum.

Mr. Dijsselbloem underlined the importance of the Greek government achieving a significant primary surplus in its budget. He then explained that the pension reform must not burden the budget.

Additionally, Mr. Dijsselbloem argued that the Greek government must first carry out its pension and tax reforms, before talks on debt relief can begin.