EuroGroup approves release of next tranche to Greece

23 January 2018
1154 Views

The EuroGroup meeting in Brussels has come to an end, with Eurozone Finance Ministers agreeing to release the 6.7 billion euro bailout tranche to Greece. The meeting, which was presided over by the newly selected Portuguese Finance Minister Mario Centeno, concluded a little after 8,30pm (Greek time) and praised Greece for implementing nearly all the prior actions laid out on the programme, but the Finance Ministers called on the Greek authorities to work urgently towards implementing the pending actions, including online auctions and the continuation of privatisations.

The tranche is expected to be released in two sub-tranches. At the press conference that followed the meeting of the 19 Eurozone Finance Ministers, the new President Mario Centeno said: “We have reached a political agreement and welcomed almost all of the prerequisites and we call on the Greek side to implement all the outstanding measures in the next few weeks.” Mr. Centeno said the faithful implementation of the measures by the Greek government proved the close cooperation between Athens and the institutions.

You may be interested

Brutal murder of British mother, 20, in front of her baby in Attica has left Greece in shock
GREECE
shares39 views
GREECE
shares39 views

Brutal murder of British mother, 20, in front of her baby in Attica has left Greece in shock

makis - May 11, 2021

Greek society is in shock, as more details are emerging of the brutal murder of a British mother, 20, in…

First TUI flights depart for Greece and Cyprus from Sweden
GREECE
shares300 views
GREECE
shares300 views

First TUI flights depart for Greece and Cyprus from Sweden

Panos - May 11, 2021

TUI‘s first flight from Sweden to Mediterranean destinations departed this morning. According to data, the Greek islands and Cyprus are…

Ambassador Pyatt at Delphi Forum: Biden wants Greek-US relations to level up
FINANCE
shares44 views
FINANCE
shares44 views

Ambassador Pyatt at Delphi Forum: Biden wants Greek-US relations to level up

Panos - May 11, 2021

The US Ambassador to Athens, Geoffrey R. Pyatt, spoke with journalist Marianna Kakaounaki in the framework of the 6th Delphi…

Leave a Comment

Your email address will not be published.