Euro zone creditors to disburse new loans to Greece in March - working on debt relief

Author: Eamonn Sheridan | Category: News

Greek debt issues are not a focus, but if they come back ForexLive traders will be up to date and ready to swoop

Latest developments:

Eurogroup (group of euro zone finance ministers) head Mario Centeno said at a presser on Monday
  • Euro zone creditors will disburse a new loan of 5.7bn euros to Greece in the second half of March
  • after euro zone parliaments complete approval procedures
  • Talks on linking future euro zone debt relief to the rate of Greek economic growth are ongoingpossible further measures to be discussed in April
Greece's 86-billion-euro bailout programme (the 3rd since 2010) will expire in August. To successfully exit the programme, a fourth review of 88 "deliverables" must be completed before August, which would allow Greece to access other loans, including further privatisations
liberalisation of gas and electricity market

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