'Door still open for Greece': Dijsselbloem

29th June 2015, Comments 0 comments

The door remains open for Greece despite the breakdown of bailout talks over the weekend, Eurogroup head Jeroen Dijsselbloem said on Monday, adding that it was still "conceivable" to avoid a Grexit.

"I continue to say that, for us, the door is still open, although in the meantime the possibilities and time are very limited," the head of the group of eurozone finance ministers told journalists in The Hague.

Greece is hurtling toward an IMF default on Tuesday and possible exit from the euro after the shock breakdown of debt talks with creditors on Saturday.

Asked whether it was possible to avoid a Greek exit from the euro currency, a so-called Grexit, Dijsselbloem said "it's still very conceivable".

Voicing disappointment at Greece's shot exit from talks, Dijsselbloem said the negotiations were "about Greece's future, and despite the talks not being over, they left the table".

Greece looks likely to default on an IMF debt payment of about 1.5 billion euros ($1.7 billion) due on Tuesday, a first step on a path that could lead to it exiting the eurozone.

The government in Athens has called a referendum for July 5 on the latest bailout proposal being offered to Greece.

© 2015 AFP

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