Lenders say questions remain over Greek reform progress

Troika says discussions with Athens will continue

The European Commission, the European Central Bank and the International Monetary Fund said  good progress has been made in Greece, but a few issues remain outstanding. Photograph: Mal Langsdon/Reuters
The European Commission, the European Central Bank and the International Monetary Fund said good progress has been made in Greece, but a few issues remain outstanding. Photograph: Mal Langsdon/Reuters

Some issues remain open on Greece’s progress in economic reform, international lenders said today, after an examination of the country’s efforts to meet conditions needed to secure further financial aid.

The European Commission, the European Central Bank and the International Monetary Fund - a group know as the troika - said discussions with Athens would continue.

“Good progress has been made, but a few issues remain outstanding. The discussions will continue from respective headquarters,” a joint statement said.

The two sides have been at odd for months over the size of budget savings required for Greece to meet its fiscal targets.

The group intends to return to Athens to continue their review in early December. (Reuters)

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective