Eurogroup President Jeroen Dijsselbloem said on Friday that there is a "great sense of urgency" to reach an agreement with Greece over its list of economic reforms, noting that the country is very determined to seal the deal, Efe news agency reported.
Upon arrival to an informal Eurozone finance ministers meeting in the Latvian capital of Riga, Dijsselbloem said that the situation would be analysed with inputs from institutions as well as Greek Finance Minister Yanis Varufakis to determine what the future may hold.
Dijsselbloem added that there was a great sense of urgency felt by all sides to finalise a deal, but that work remained to be done before the Eurogroup could make a decision.
The government under Greek Prime Minister Alexis Tsipras was "very determined to reach an agreement," Dijsselbloem affirmed, and "they know that time is running out" as the reform measures must be negotiated with international institutions and approved by the Eurogroup by the end of the month.
"April is not over yet. The deadline is more important for the Greek side than the Eurogroup. It is urgent for Greece to achieve an agreement to receive financial assistance and to keep the government running," Dijsselbloem concluded.
