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EuroWorking Group underlines need for rapid completion of prior actions related to 2.8 bln euro loan

EuroWorking Group underlines need for rapid completion of prior actions related to 2.8 bln euro loan

The EuroWorking Group that convened late Monday (29/08/2016) with the participation of Greek Alternate Finance Minister George Chouliarakis stressed the need to rapidly meet all prior actions related to the 2.8 billion euro loan tranche so that the debt issue is solved by the end of the year.

According to a European official, the EuroWorking Group has recorded so far 'small' progress in the implementation of the 15 prior actions underlining the need for the rapid completion of the first review of the Greek programme in order the discussion on the debt restructuring to open before the end of 2016.

Regarding the debt issue, the same official said that the positions of the eurozone members are not clear yet.

On the ELSTAT issue, it was confirmed that it will be discussed in the Eurogroup meeting on September 9 in Bratislava. The Commission and the eurozone partners believe that this issue does not help the negotiation and does not bring any ally to Greece, said well informed sources in Brussels.

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