International Monetary Fund and European Commission

Dutch Finance Minister Jeroen Dijsselbloem: The high estimates from the three institutions that police eurozone bailouts—the European Commission, the European Central Bank and the International Monetary Fund—drew consternation from several of the currency union finance ministers who were meeting for crisis talks, according to Market Watch. They would also make Greece already high debt load even bigger, creating more pressure to take action to make it more manageable. Two weeks of capital controls have inflicted such damage on Greece banks that it will cost EUR25 billion to prop them up again, officials said. Dutch Finance Minister Jeroen Dijsselbloem, who presides over the meeting of eurozone finance ministers, was cautious about the prospects of an agreement being reached on Saturday. There are many concerns both on the content of the proposals and the more difficult issue of trust, Dijsselbloem said. I think it will be quite a difficult meeting still. (news.financializer.com). As reported in the news.