Eurozone urges progress on reforms in Greece

9:44 AM, Jan 27, 2014   |    comments
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BRUSSELS (AP) - Leading finance ministers of the 18-nation eurozone are urging bailed-out Greece to step up its efforts to meet agreed reform and privatization targets.

The Netherlands' Jeroen Dijsselbloem said Monday in Brussels ahead of a meeting of the bloc's finance ministers there was "far too little" progress toward resolving outstanding issues with Greece.

Germany's Wolfgang Schaeuble said "further efforts are needed" and Austria's Michael Spindelegger said there was concern regarding structural "reforms and the privatization program."

Greece's negotiations with its bailout creditors - the International Monetary Fund and its European partners - are months behind schedule amid disagreements over cost-cutting measures and reforms. The next batch of its emergency loans will only be disbursed after an agreement.

Ministers are to be briefed about the stalled talks Monday.

(Copyright 2014 The Associated Press. All rights reserved.)

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