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GreekReporter.com Greek News Economy German FM Spokesman Says OK to Delay Greece Aid

German FM Spokesman Says OK to Delay Greece Aid

Martin Kotthaus

Greece currently has no need for external financing so it would not be a problem if the next aid tranche for the debt-plagued country were delayed by a few weeks, a German finance ministry spokesman said on Friday.
“As far as I am aware, there is no current need for external financing up until beyond the first half of the year,” spokesman Martin Kotthaus told a regular news conference in Berlin. He added that a delay of a few weeks would be “unproblematic.”
Earlier, Kotthaus said Greece’s lenders would need a positive report on its reform progress before releasing a planned second tranche of aid worth around 4 billion euros at the end of June. Greece holds its second election in less than two months on June 17, in which a radical leftist party opposed to the EU-IMF austerity program is expected to perform well.
(source: Reuters)

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