Greece
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disbursement

Eurogroup Approves 15 Milestones and Unlocks Half of Bailout Tranche for Greece

The Eurogroup welcomed the implementation of the 15 milestones set for Greece in the context of the first review of the European Stability Mechanism's program, however, this did not result in the unlocking of the full 2.8-billion-euro tranche benchmarked...

Eurogroup Set to Release 2.8-Bln-Euro Tranche Disbursement for Greece on Monday

The Eurogroup of Eurozone finance ministers are likely to approve the disbursement of a 2.8-bln-euro tranche on loans benchmarked for Greece during their next meeting in Luxembourg on Monday. Two high-ranking Eurozone officials indicated on Friday that the release...

EWG Gives the Green Light for the Disbursement of 7.5 Bln Euros for Greece

The Euro Working Group's meeting in Helsinki, Finland, on Thursday focused on ironing out the details of the program review for Greece. Technocrats of the Euro Working Group came to a positive conclusion, paving the way for the release...

Germany Postpones Release of Loan Tranche to Greece

German Bundestag did not recommend the release of the next loan tranche to Greece by the European Stability Mechanism rescue fund as earlier reports by Reuters had suggested. The German budget committee was supposed to have discussed the release...

EWG Gives Greece 24-Hour Deadline to Comply with Bailout Actions

The  Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that loose ends are tied up by Tuesday. The decision, based on a compliance report compiled...

Slim Chances of Large Tranche Disbursement for Greece on May 24

Expectations for the disbursement of a large tranche for Greece are being lowered just a week ahead of the Eurogroup meeting of Eurozone finance ministers in Brussels on May 24. A European official said that the first packet of...