Jeroen Dijsselbloem

The Greek debt situation is not an "acute crisis," Eurogroup President Jeroen Dijsselbloem said on Tuesday, with the next loan instalment not needed by Athens until the summer.

Dijsselbloem said a review of the Greek debt situation would not be completed before European Union finance ministers meet next week. [Reuters]

EuroGroup President Jeroen Dijsselbloem stated that the review of the Greek bailout program will not have concluded before the February 20 EuroGroup, according to Reuters news agency. He underlined the grave significance of the IMF remaining on the Greek program, denying the current situation in Greece constituted an acute crisis.

A meeting in Brussels on Friday between Finance Minister Euclid Tsakalotos and representatives of Greece's international creditors yielded some progress but, although foreign auditors are expected to return to Athens next week to resume bailout negotiations, European officials indicated that the review might drag into March.

Eurozone President Jeroen Dijsselbloem has issued a written statement following the informal mini-Eurozone meeting in Brussels, late Friday. “Today the Greek minister of Finance, the institutions (European Commission, ECB, ESM and IMF) and I had a constructive meeting on the state of play of the second review.

Eurogroup President Jeroen Dijsselbloem said the size of Greece’s primary budget surplus, which excludes interest payments, would be one topic of discussion at a planned meeting in Brussels later on Friday. Apart from Mr.

Eurogroup President Jeroen Dijsselbloem said the size of Greece's primary budget surplus, which excludes interest payments, would be one topic of discussion at a planned meeting in Brussels later on Friday.

The head of the EuroGroup, Jeroen Dijsselbloem warned that the Netherlands would withdraw from the Greek bailout program if the IMF departed. Only a day after he dubbed the IMF Executive Directors’ statement on the Greek matter outdated, Mr. Dijsselbloem stressed that the Dutch parliemnt was quite clear on the matter, according to newspaper “Telegraph”.

The IMF's latest review of Greece's debt position was surprisingly pessimistic, Eurogroup President Jeroen Dijsselbloem said on Feb. 7, again ruling out the eurozone granting the country any write-down on its debt.

Leaked in late January, the International Monetary Fund report called Greece's long-term debt commitments unsustainable.

The President of the EuroGroup, Jeroen Dijsselbloem said the report released by the Executive Directors of the International Monetary Fund (IMF) early morning Tuesday on the progress of the Greek program was outdated.

Greek Finance Minister Euclid Tsakalotos is expected to meet with his German counterpart Wolfgang Schaeuble at 3.30 p.m. before a meeting of eurozone finance ministers - also known as the Eurogroup - at 4 p.m. in Brussels on Thursday.