The German Finance Minister’s Spokesperson Martin Jeager noted during a press conference on Friday that Greece must stick to its bailout commitments in order to unlock additional funding.
The Greek government and international creditors have yet to agree on the prior actions Greece must legislate before the disbursement of two billion euros of bailout funds. The funds were initially scheduled to be disbursed in October but Thursday’s Euro Working group did not agree to provide the funds due to the lack of an agreement.
“Of course Greece needs to fulfill the memorandum,” Reuters quotes Jeager as saying. “The troika is examining at the moment how far the Greek side has fulfilled the conditions which are necessary for the next 2 billion (euros) to be paid. There are still considerable gaps that need to be closed.”
The Greek government has tabled a proposed legislation on a second list of prior actions that the Greek government will vote on. The legislation will be voted on in the Greek parliament next Thursday under an urgent status.
Jaeger further noted that the terms of the bailout do not need to change in the face of the refugee crisis, which has seen more than 500,000 enter the European Union through Greece.
“The Greek government made a specific deal with its counterparts in July. This deal already includes a lot of leniency. We were very generous with Greece. And right now there is no reason to diverge from that,” he said.
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