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Greece

The French Finance Minister Says He’s ‘Confident’ About Reaching a Deal on Greece in June

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May 23, 2017, 12:29 AM ET
<> on May 22, 2017 in Berlin, Germany.
Bruno Le Maire on May 22, 2017 in Berlin, Germany.Sean Gallup—Getty Images
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France is confident that Greece and its international lenders can reach a deal on additional measures of debt relief for Athens in June, the French finance minister said on Monday at the end of a eurozone meeting that ended with no agreement.

“I am quite confident we can reach an overall agreement on the Greek debt at the next Eurogroup meeting in three weeks,” Bruno Le Maire told reporters after a meeting of eurozone finance ministers in Brussels, the first since he was appointed finance minister.

The next meeting of the so-called Eurogroup is scheduled for June 15 in Luxembourg.

For more about Greece, watch Fortune’s video:

The meeting in Brussels ended without an agreement on disbursing new loans to Greece, which the country will need to pay debts due in July. But Le Maire underlined that Greece will receive the needed financial aid and said there was no reason for concern.

He said that France is working for an overall deal that will keep the International Monetary Fund on board. He insisted Germany played a constructive role during talks and made steps towards a final compromise.

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