Eurogroup on Greece's progress in meeting financial programme milestones

Greece’s progress in implementing the prior actions needed for the disbursement of further financial support under the Greek programme is one of the topics to be discussed by Eurozone finance ministers meeting in Bratislava on Friday, according to the official agenda published by the European Council website.

The Eurogroup will be briefed by representatives of the institutions representing Greece’s creditors and Greek authorities on the implementation of intermediate targets and progress in paying off the state’s overdue debts. The agenda reflects the Eurogroup statements about Greece on May 25, which linked the disbursement of a second tranche of loans after the summer to milestones such as privatisations, management of the banks, the General Secretary of Public Revenues and the energy sector, as well as progress in paying the Greek state’s overdue debts.

Greece is due to receive another 2.8 billion euros from the 10.3 billion euro tranche of loans linked to successful conclusion of the first review. The remaining 7.5 billion euros was disbursed on June 21.

Read more here.

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