Log in
A+ A A-

Eurogroup meeting on Monday

The EuroWorking Group (EWG), the European Stability Mechanism (ESM) and the Eurogroup will meet on Monday to approve the disbursement of the 2.8-billion-euro loan sub-tranche to Greece.

"As soon as the compliance report is concluded, the road for the disbursement of the sub-tranche opens," an EU source told the Athens-Macedonian News Agency. According to the report, Greece has "in principle" met the 15 prior actions related to the disbursement of the 2.8 billion euros.
The EWG that will meet in Luxembourg at 3 pm (Athens time) is expected to be the first one to give the green light for the disbursement of the 2.8-billion-euro loan sub-tranche provided that the prior actions have been successfully met while the decision for the disbursement will be taken later in the day by the ESM. The Eurogroup that is scheduled to convene at 4 pm (Athens time) will decide the start of the second programme review and the return of the institutions' representatives in Athens in October 18.