Troika report on Greece 'positive': Junker

A LONG-AWAITED report on Greece's economic reform program by its three international creditors, the EU, ECB and IMF "troika", is "positive", Eurogroup chief Jean-Claude Juncker says.

Arriving on Monday for talks between the 17 eurozone finance ministers later in the day, Juncker said they had received the report on Sunday night and it "is positive in its fundamental tone because the Greeks really delivered. Now it is for us to deliver."

The Luxembourg premier said that a new austerity package adopted Wednesday and a cost-cutting 2013 budget agreed late Sunday were "very ambitious" and "fulfils our wishlist nearly completely."

"Greece is accomplishing step by step what we expected," he added.

Juncker said the ministers would discuss the report in detail but would make "no definitive decision today" on the release of a 31.5 billion-euro instalment from a second international bailout of Greece needed to stave off bankruptcy.

He said he believed the general feeling would be to organise the disbursement "in the best way possible" and for the ministers to agree a calendar.

Any decision to extend Greece's deadline would also require parliamentary approval in Germany, the Netherlands and Slovakia.

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Troika report on Greece 'positive': Junker

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