The Greek economy is still in crisis, contracting 1.2% in the quarter. The figures, published by the Greek statistics agency, Elstat, show it was the worst quarter since the summer of 2015, when the European Central Bank closed the Greek banks.
"On what Mr Varoufakis has been saying, the allegations that the troika was controlling the secretariat general of public revenues are false and unfounded," European Commission spokeswoman Mina Andreeva told a news briefing, referring to the "troika" of Greece's creditors the Commission, European Central Bank and International Monetary Fund.
“Many of you will be attentive to the meeting on Greece. Don't expect a breakthrough today. Decisions are for the Eurogroup,” said German Chancellor Angela Merkel on her arrival at the EU Council Summit on Thursday.
“The key here is to stay firm on the commitments that were made in the Eurogroup on the 20th of February,” said Finnish Prime Minister Alexander Stubb on his arrival at the EU Council Summit on Thursday.
European Commission President Jean-Claude Juncker said on Wednesday that it is “premature” to discuss a third bailout programme for Greece and warned Athens “to avoid unilateral measures.” “We are going to focus on implementing what was agreed in the Eurogroup," he added.
As eurozone finance ministers are holding emergency talks on the Greek crisis in Brussels on Friday, German Finance Minister Wolfgang Schäuble said that “It is not only about individual countries, it is about Europe, it is about our ability to trust each other and enhance the trust of all European people.”
Greek Finance Minister Yanis Varoufakis said on Friday that he hopes “there's going to be an agreement”, as eurozone finance ministers meet in Brussels to discuss Greece’s request to extend access to eurozone bailout funds by six months.
“I am very sceptical following all that has taken place during the last days because the Greek government doesn't seem to have moved at all,” German Finance Minister Wolfgang Schäuble said on Monday (16 February) ahead of a meeting of eurozone finance ministers.
"I don't expect an outcome today, this is just a start of our talks, we have another Eurogroup planned next Monday. We will move step by step," said the Eurogroup's president Jeroen Dijsselbloem on Wednesday (11 February) in Brussels.
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