EU’s Juncker: Eurogroup approves Greek disbursement

Author: Pete Jackson | Category: news

Author: Pete Jackson

  • It’s been a difficult process, but Greek program back on a sound track
  •  Eurogroup ready to take additional Greek measures
  • Greece will get further payments in 2013
  • Took stock of Cyprus’ banks capital needs, sees progress towards the Cyprus program
  • Cyprus demonstrates commitment, an agreement could be reached soon
  • Problems in Cyprus are serious
  • Did not discuss possible PSI for Cyprus
  • IMF will of course participate in the Greek program

Bloomberg reporting