July 16, 2015 – 1:57 pm
Related News
Molotov cocktails in protests against the planned cuts in Greece
The story behind this photo has a happy ending
8 Basic questions to understand what happens in Greece … and its consequences
Are these the next 5 countries that fall in Europe?
Preliminary agreement in the Eurogroup to release 7,000 million imminently to Greece for the Hellenic country can meet urgent deadlines next Monday.
According to informed sources European, this tentative agreement is pending the approval of the Member States that are not part of the euro.
The Ministers of Economy and Finance of the euro area have analyzed these issues after that, Another meeting, the deputy of the ministry of the whole of the European Union last night give its approval to the proposal from the European Ccomisión, according to European sources.
The meeting of the numbers two of the eurozone finance It comes after the ‘yes’ of the Greek Parliament to the first package of reforms agreed with creditors that will serve to start negotiations on the third rescue.
After that vote, the Eurogroup has on its agenda analyze it adjusts the commitment of Athens and, therefore, the conditions exist to begin negotiating the third program of financial assistance to Greece.
Also the 19 euro countries evaluated the proposal submitted by the EC to the Greece immediately to a bridge loan of 7,000 million euros for a period of three months, from the European Financial Stabilisation Mechanism (EFSM), a fund that is fed by the Community budget and already used in the bailouts of Portugal Award and Greece.
The Eurogroup ministers are planning to hold another meeting later this week to give a formal mandate for institutions to start negotiating this third program of assistance that could reach 86,000 million euros for next three years.
Of them a part would be a loan from the European Stability Mechanism or permanent fund (ESM) and one from the IMF, and it is estimated that trading will at least four weeks.
Greece has to pay the July 20 3,500 million euros to the European Central Bank (ECB) after not returning 1,500 million euros to the International Monetary Fund (IMF) last June 30.
TRIBUNE Online with the new commenting platform gives you the best interactivity and an easier way to encourage conversation between users. To comment only need your email and name you want to perform your comment , or if you prefer using your favorite social network. Note: The reviews posted on www.latribuna.hn not reflect at any time the opinion of the newspaper La Tribuna.
No comments:
Post a Comment