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Saturday, March 24, 2018, 

Moscovici: Greece '99 percent' there to get new bailout

Moscovici: Greece

Brussels, 20 February 2018 (MIA) - EU finance commissioner Pierre Moscovici said Monday that "99 percent" of the third review of the Greek bailout have been accomplished and that the Eurogroup should be able to agree to a new €5.7-billion disbursement at its next meeting in March.

He added that the two remaining issues - the development of e-auctions for seized properties and the development of a privatised site near Athens - would be solved soon, EUObserver reports.

The head of the European Stability Mechanism, Klaus Regling, said in comments after the meeting that he does not “anticipate” the 5.7-billion-euro tranche being disbursed before mid-March, partly due to the scheduling constraints of a German parliamentary committee that has to green light the disbursement, according to Bloomberg. sk/09:56


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