Greek Finance Minister George Papakonstantinou will meet with Troika experts this afternoon before their final draft report on the country’s economy and general progress. Based on this report, The European Commission, The European Central Bank and The International Monetary Fund will approve the second tranche of a loan facility to Greece, up to 9.0 billion euros. This is already discounted by the Greek authorities.
The Troika Report will focus on the timetables offerred by the Greek Ministers in order for the government to implement new measures and complete its committments, which were undertaken last May when the memorandum was signed. The government appeared very confident that the new austerity measures will be implemented successfully on time. The Troika experts underlined that despite the satisfactory picture of the country and the materialization course of the memorandum, there are still many steps to be made in order to alleviate Greece out of its fiscal crisis.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
