Select a language
“Eurozone finance ministers agreed to authorise the payment of a double tranche of aid to Greece worth €7.5bn at a meeting held in Brussels on May 13,” reports I Kathimerini.
“The first tranche of €4.2bn will be transferred on May 17, and the second is to follow in June,” notes the daily, which points out this payment will be conditional on an overhaul of Greece’s tax system, the liberalisation of certain professions and the reform of the country’s civil service.
The daily adds that “the European Commission reckons deficit targets for 2013 and 2014 will be met. However, it also believes that further efforts to the tune of €7.6bn will be required for 2015-2016.”
We hope you enjoyed this article.
Would you consider supporting our work? Voxeurop depends on subscriptions and donations from its readers.
Discover our offers from €6/month including subscribers-only benefits.
Subscribe
Or make a donation to bolster our independence.
Donate
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
Go to the event >