Greece will receive next tranche after Troika’s report
Greece’s next bailout slice, totaling a much as 31.5 billion euro, will be subject to review by troika inspectors from the EU, IMF and ECB, according to Eurogroup chief Jean-Claude Juncker. The report will examine Greece’s progress in adhering to the terms of its latest bailout and the effectiveness of financial help. The results are scheduled for October. Previously, the Troika group had proposed wiring money to Greece by September. The 130 billion-euro bailout was agreed last year.
Greece’s next bailout slice, totaling a much as 31.5 billion euro, will be subject to review by troika inspectors from the EU, IMF and ECB, according to Eurogroup chief Jean-Claude Juncker. The report will examine Greece’s progress in adhering to the terms of its latest bailout and the effectiveness of financial help. The results are scheduled for October. Previously, the Troika group had proposed wiring money to Greece by September. The 130 billion-euro bailout was agreed last year.