The Eurogroup will come back to ESM financial stability support request after the referendum, its chief says

Gazzetta team 2 Ιουλίου 2015 - 11:54

"We will come back to your request for financial stability support from the ESM only after and on the basis of the outcome of the referendum," Eurogroup chief Jeroen Dijsselbloem said in a letter to Prime Minister Alexis Tsipras.

Dijsselbloem said that as regards the further request to extend the current EFSF financial assistance arrangement, the Eurogroup reconfirmed on 30 June the decision of the 27 June Eurogroup not to support an extension, given that the considerations that led to that decision remained unchanged.

"The current EFSF financial assistance arrangement with Greece has expired on 30 June 2015, as well as all agreements related to the current Greek programme including the transfer by euro area Member States of SMP and ANFA equivalent profits," he added.

The Eurogroup chief also recalled that on February 20 the Greek authorities agreed to reiterate their unequivocal commitment to honour their financial obligations to all their creditors fully and timely.