EU finance ministers will have to formalise the agreement in a regular meeting on Dec. 8 in Brussels.

Mr Stathakis conceded that technical work would need to be done in the coming days to formalise the agreement.

If you do decide to say yes then it's crucial to formalise the agreement so that both parties are on the same page.

Photo: JICA Officials from both governments formalised the agreement to build the ship this month.