Jeroen Dijsselbloem

Greek creditors hopeful new government will deliver reforms

As the eurozone's 19 finance ministers were meeting in Luxembourg to discuss the country's outlook, Greece's left-led government was set to submit its draft 2016 government budget to parliament.

Eurogroup chief rules out Greek debt deal renegotiation

Greeks go to the polls on Sept. 20 with former prime minister Alexis Tsipras seeking a stronger mandate to implement unpopular reforms needed to secure the 86 billion euros ($97 billion) rescue program.

Eurogroup chief Jeroen Dijsselbloem said Saturday that renegotiation is "not possible" regardless of who wins "so work must continue" on reforms required to secure the loans.

Speaking after chairing a meeting of the 19-nation currency bloc, he said that finance ministers had not discussed any debt relief for Greece.

Dijsselbloem bemoans lack of trust with Greece

Arriving for a meeting of the 19 eurozone finance ministers, Dijsselbloem said there's still "a major issue of trust" to be grappled with before creditors are able to back another bailout of Greece.

Euro official says Greek vote result regrettable

The Dutch finance minister has over the past five months of negotiations resisted Greece's attempts to get easier terms for its bailout program. He says that "for the recovery of the Greek economy, difficult measures and reforms are inevitable. We will now wait for the initiatives of the Greek authorities."