The discussion on Greece΄s exit from the memorandum loan agreement opened the Eurogroup meeting yesterday (11.06).

This subject is critical for the negotiation the government is now carrying out in order to "complete this phase and move on to a new phase, after the memorandum and the troika, with all the safeguards of the existing European mechanisms," Deputy Prime-Minister and Foreign Minister Evangelos Venizelos said on November 5 after a meeting with Prime Minister Antonis Samaras and Finance Minister Gikas Hardouvelis. An agreement with the country΄s EU partners on "the day after" for the Greek economy will be reached by the end of the year, Finance Minister Gikas Hardouvelis said on November 5 in an interview to Reuters.

Arriving at the Eurogroup meeting yesterday, chairman Jeroen Dijsselbloem said: "After Greece completes, in a satisfactory way, the review and wants support, the Eurozone will be willing to help." In his remarks to the press after the Eurogroup meeting, Dijsselbloem said "Closing of the current review is of course an important precondition to make possible the discussion on any follow-up arrangements. We have now started these discussions and further work will have to be done and we will come back to that in our next meetings."