Latvia: Eurogroup urges Greece to accelerate reforms in "very critical" talks

"Time is running out" for Greece and government officials "must accelerate" their "work," the Eurogroup's top officials warned during a press conference following a meeting of the Eurozone's Economic and Finance Ministers in Riga, Friday. President of the Eurogroup Jeroen Dijsselbloem said there are still "wide differences" between Greece and its creditors, before pointing out that "too much time has been lost already." European Commissioner for Economic and Financial Affairs Pierre Moscovici also urged Greece to speed up on reforms, adding the European Union and Greece are far from reaching a genuine, conclusive agreement. Dijsselbloem branded the meeting "critical" after being asked by a journalist whether it was true that Eurogroup officials hammered Greece's finance minister Yanis Varoufakis during the negotiations.