Remarks by J. Dijsselbloem after the ESM conference call on financial assistance for Greece

Today, we, countries in the eurozone have mandated the ESM to make up to the maximum of €86 billion available to finance Greece. Of course this programme for the coming three years goes with strict conditions, aiming at:

Setting right public finances and administration; and

Dealing with the economy and problems in financial sector.

I am glad to say that the Greek government has already taken some credible first steps. A lot of work will still have to be done to stabilize the economy in Greece for the return of confidence both in Greece and in within the eurozone.

We have a lot of work to do in the coming years but I think that the decisions taken in the last couple of weeks and especially today are a big step in that direction.