Moscovici Confident that Next Eurogroup Will Disburse Loans to Greece

Moscovici Confident that Next Eurogroup Will Disburse Loans to Greece

In a statement to the ANA-MPA on Thursday, European Commissioner for Economic and Financial Affairs Pierre Moscovici said he was confident that the next Eurogroup will decide to disburse the first installment of a loan tranche to Greece, amounting to 7.5 billion euros.
"I am certain the Eurogroup next week in Luxembourg we will be in a position to decide the disbursement of 10.3 billion euros for Greece, of which 7.5 billion will be given immediately," he said.
While taking part in a panel discussion on structural reforms alongside Greece's Finance Minister Euclid Tsakalotos at the Brussels Economic Forum, Moscovici said that Thursday's EuroWorking Group meeting will examine the country's progress in implementing prior actions and ratify the discussion that has already taken place.
The Commissioner noted that a very significant step in this direction was made at the previous Eurogroup. "Since then, we have been working seriously and in a positive way to solve any problems that exist, one after the other. I believe we are very close to achieving this," he said, predicting a "good" Eurogroup next week that will "confirm that reforms are progressing in Greece."


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.