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Monday, June 6, 2016

EU sees progress on Greek reform, '95 percent' of work done to unlock funds

[European Commissioner for Economic and Financial Affairs Moscovici speaks during a news conference after a meeting in Brussels]The European Commission is confident that Greece will conclude the reforms needed to unlock bailout funds before next week's meeting of euro zone finance ministers, top officials said on Monday. Some changes have to be made in the coming hours," Economic Affairs Commissioner Pierre Moscovici told EU lawmakers in Strasbourg. "I am confident Athens will use the time before the Eurogroup to finalise the limited issues that are still open," Moscovici added, saying that a disbursement of a first tranche of 7.5 billion euros could be decided as early as next week and be made this month.


READ THE ORIGINAL POST AT uk.news.yahoo.com