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Greece to get EUR5.7b loan form Eurozone
(MENAFN) President of Eurogroup Mario Centeno has announced on Monday the eurozone rescue fund is expected to pay out the next tranche of 5.7 billion euros to Greece in the second half of March.
Centeno said: Eurogroup commended Greece today for completing the third review of the ESM program. Work on the fourth and last review is already under way with the institutions."
The decision of Eurogroup will now pass through the parliaments of eurozone's individual states before the tranche is paid.
According to Centeno, Greece's rescue program now entered the final stages and he was confident that Greece will implement all remaining deliverables to end the program successfully.
Centeno said: Eurogroup commended Greece today for completing the third review of the ESM program. Work on the fourth and last review is already under way with the institutions."
The decision of Eurogroup will now pass through the parliaments of eurozone's individual states before the tranche is paid.
According to Centeno, Greece's rescue program now entered the final stages and he was confident that Greece will implement all remaining deliverables to end the program successfully.
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