NICOSIA, Cyprus (AP) — Jean-Claude Juncker, the head of the eurogroup of finance ministers, says Greece will not learn whether it's done enough to get its next batch of bailout cash for at least a month.
Juncker says Friday at an informal meeting of euro finance ministers in the Cypriot capital that decisions on Greece will not likely be made until the second half of October.
The Greek government is trying to cobble together an €11.5 billion austerity package to satisfy its international creditors.
The country is currently being assessed by debt inspectors and Juncker doubts their report will be ready in time for a decision in the first half of October.
Juncker also said he was encouraged by remarks from Spanish Economy Minister Luis de Guindos that the country would do more to reach its deficit targets.