The Ministry of Finances has confirmed to tovima.gr that shortly before 11am, the Euro Working Group approved the 1-billion-euro loan installment to Greece, after the president of the Economic Advisors Council, Christodoulos Stefanadis presented data regarding the implementation of six prior actions.
Approval for the dispensation of the loan installment will be finalized on Monday, when the Eurogroup is scheduled to convene. The Minister of Finances Gikas Hardouvelis and the troika officers are scheduled to attend the Eurogroup session. The troika team will then visit Athens on Wednesday and begin its inspections.
Two of the outstanding prior actions were resolved on Thursday evening, namely reducing the profit margin of pharmacies and adopting a code of conduct for government officers. The other prior actions are related to open-air markets, developing investment legislation and urban planning, listing third-party taxes, legislating on offsetting VAT returns with insurance fund debts and providing healthcare to the uninsured.
