The Chairman of the Eurogroup Jeroen Dijsselbloem estimated that the Greek government and institutions will reach an agreement within the next two weeks.

During an interview on Dutch radio station BNR, the Eurogroup chief pointed out that there are serious legal concerns about enacting contingency measures and estimated that additional time is needed to finally reach an agreement.

Nevertheless, this additional time, he argued, will also be used to discuss the possibilities and options on providing some relief to the Greek debt.