No Greek Delays in Implementing Prior Actions, Only ‘Challenges’



EUROZONE

There is “no significant delay” so far in the implementation of the prior actions that will unlock the sub-tranche of the 2.8 billion euros for Greece, a senior Eurozone official said on Friday. He added, however, that Greek authorities must push forward a series of issues.

Asked to comment on Greek press reports that claim there are significant delays in the implementation of the measures, the official said it is too early for one to be able to say that and that there is still time to unlock the next sub-tranche in September. However, he added that issues like the establishment of the new privatization fund, must be sped up. “There are no delays, but challenges that must be dealt with,” the official said.

According to the official, Greece is not among the agenda issues in the Eurogroup of August 11 which will be held in Brussels. “We do not plan to discuss the issue of Greece before September,” he said.

Instead, Eurozone finance ministers will discuss the fiscal situation in Spain and Portugal and the general economic situation in the Eurozone. They will also examine the prospects for growth and the situation in the markets following the vote to leave the EU in Britain.
(Source: ANA-MPA)