Dijsselbloem ‘greenlights’ the disbursement of the €7.5bn tranche

14 June 2016
696 Views

The Chairman of the Eurogroup and Ecofin Jeroen Dijsselbloem announced that the disbursement of a 7.5 billion euro tranche towards Greece will take place within the week.

Mr. Dijsselbloem made the statement before the European Parliament’s economic committee, after being questioned by European Parliament Vice President Dimitris Papadimoulis.

According to the Eurogroup chief, “a lot has changed” in relations with Greece since last year, with the atmosphere being “completely different”. Despite the differences, Mr. Dijsselbloem argued that the two sides are talking.

Asked about the primary budget surplus, which Greece’s central banker declared “unrealistic and socially unattainable”, the Eurogroup chief responded that it is not realistic in the long term and as such, it will gradually be reduced.

Finally, Mr. Dijsselbloem rejected claims that the Eurogroup will review the debt timetable in autumn, while revealing that the Eurogroup will do so at the end of the year, after the IMF has issued a report.

You may be interested

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations
GREECE
shares25 views
GREECE
shares25 views

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations

makis - Jul 23, 2021

Prime Minister Kyriakos Mitsotakis cited the Greek Constitution in response to those opposing mandatory Covid-19 vaccination during his meeting with…

Who Has Spent The Most Time In Space? (infographic)
WORLD
shares37 views
WORLD
shares37 views

Who Has Spent The Most Time In Space? (infographic)

Panos - Jul 22, 2021

As Russia celebrates 60 years since Yuri Gagain became the first person to orbit the Earth, the state of space travel looks…

What Do Americans Think Of Famous Billionaires? (infographic)
FINANCE
shares39 views
FINANCE
shares39 views

What Do Americans Think Of Famous Billionaires? (infographic)

Panos - Jul 22, 2021

Hot on the heels of fellow billionaire Richard Branson, Amazon founder Jeff Bezos is set to blast into space. He…

Leave a Comment

Your email address will not be published.