Greek withdrawal from the eurozone

Greece may get debt extension, Rehn says in urging unity

By Jonathan Stearns

Greece is unlikely to win any writedown on debt owed to the euro area and should instead focus on possible relief in the form of longer repayment periods, said Olli Rehn, who helped avert a Greek exit from the European single currency at the height of the financial crisis.

Eurogroup chief pledges to work with Greece after election

The head of the group of eurozone finance ministers promised Tuesday to work with the winner of the upcoming Greek election, but urged Athens to stick with austerity.

Jeroen Dijsselbloem, the president of the Eurogroup who also serves as the Dutch finance minister, also stressed that the region could offer more help should Greece keep its promise to reform.

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