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Eurogroup: Greece Loan Payouts May Be Linked To Reform Action
Greece's pending loans could be disbursed into smaller sub-tranches depending on the effectiveness of the new Greek government to agree on the next round of prior actions and milestones, Economy Commissioner Pierre Moscovici said Saturday. Speaking at a press conference after an informal Eurogroup meeting in Luxembourg, both Moscovici and Eurogroup President, Jeroen Dijsselbloem appeared confident that Greece's September 20 elections will not pose problems for the third bailout package signed in August as the majority of the Greek parties have voted in favour the MoU that accompanied the lending agreement. ... (full story)
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