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Greece's Eurozone Lenders May Begin Reform Assessment on Tuesday

© AP Photo / Yorgos KarahalisA European Union (EU) flag flutters outside the Athens' Stock Exchange in Athens, Greece, Monday, Aug. 3, 2015
A European Union (EU) flag flutters outside the Athens' Stock Exchange in Athens, Greece, Monday, Aug. 3, 2015 - Sputnik International
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Eurogroup President Jeroen Dijsselbloem said that officials from Greece's eurozone member state creditors may commence the review of the country's reforms as early as Tuesday.

BRUSSELS (Sputnik) — Officials from Greece's eurozone member state creditors may commence the review of the country's reforms as early as Tuesday, Eurogroup President Jeroen Dijsselbloem said Monday.

"The mission chiefs will return to Athens, I am not sure when exactly, perhaps already tomorrow, but there is enough common ground, enough preparation has been done for the mission to continue, hopefully to work towards a successful completion," Dijsselbloem told reporters while presenting the results of Monday's Eurogroup meeting.

On March 1, Greek Prime Minister Alexis Tsipras stated that eurozone creditors are set to return for assessment before March 10, following the informal Eurogroup meeting of eurozone's financial ministers.

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Monday's Eurogroup meeting discussed the state of play of the assessment of Greece's economic adjustment including pension reforms, fiscal cuts and privatization. Europe's finance ministers also called on the Greek government and the review mission staff too cooperate constructively.

The possible rapid start of the review was also confirmed by the European economic commissioner, Pierre Moscovici.

"Eurogroup: pleased that agreement reached for mission chiefs to return to Athens as early as tomorrow to take forward programme review," Moscovici wrote on his official Twitter account.

The Tsipras government has been carrying out economic reforms since August, when European finance ministers and the IMF approved an 86-billion-euro ($93 billion) bailout package aimed at rebuilding Greece's economy. Under the deal, the international lenders secured the Greek government's agreement to reform labor markets, privatize state assets and recapitalize banks. The creditors' mission chiefs previously held talks in Athens between February 1-5. Talks were then suspended.

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