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  • Euro Working Group to debate Greek progress on Wednesday

    With the Greek government having completed about 50% of the prior actions agreed upon with its creditors, in order to collect a…

    With the Greek government having completed about 50% of the prior actions agreed upon with its creditors, in order to collect a 1 billion euro tranche, revealed a high-ranking Eurozone official to Reuters.

    Although a number of issues have not yet been resolved, they are expected to be addressed within the day, with any changes expected to be submitted in Parliament within the day, so that a vote may take place on Tuesday evening. Provided that the bill of prior actions passes, then the EWG will greenlight the disbursement of the 1 billion euros.

    The unresolved issues, which include measures intended to tackle tax evasion, will be debated and resolved during a series of teleconferences that are to take place on Monday. Should everything go ahead as planned, the tranche will be paid out by Friday.

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