There is no danger of a default happening in Greece in the near future so it does not need a third aid package, Finance Minister Yanis Varoufakis said yesterday (4.03) during a speech at an event marking the 130-year anniversary of the Greek-French Chamber of Commerce and Industry.

There is an alternative plan if Greece doesn’t receive its loan installment in March, Varoufakis said: the government programme for the next four months combines ensuring funding from the EU and repaying debt installments towards the IMF and some bonds not included in the PSI.

Commenting on the upcoming Eurogroup on March 9, he said ministers will start debating Greece’s reform programme and will launch the process for a new agreement with its partners.

Greek News Agenda Greece @ Eurogroup: Talks Ongoing