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July 24, 2013

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Greece Has Met All Actions Agreed With The Troika

A draft bill tabled to Parliament on Tuesday envisaging the introduction of a Tax Procedure Code – expected to be voted on Thursday - the Greek government is implementing all 22 prior actions needed for the disbursement of the next instalment of a bailout loan, Finance ministry officials said on Tuesday.

They were commenting on press reports alleging that the German Finance ministry noted that the disbursement of the loan tranche to Greece would be delayed because the country has not approved five of the 22 prior actions agreed with the troika.

A Euro Working Group is scheduled to meet on Wednesday to approve the disbursement of the instalment worth 2.5 billion euros. The IMF will meet in July 29 to approve its part of the loan.

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