EU ministers gather for more talks on Greek bailout funds

Eurozone finance ministers will gather in Brussels today for more talks on whether to give Greece access to more bailout cash.

EU ministers gather for more talks on Greek bailout funds

Eurozone finance ministers will gather in Brussels today for more talks on whether to give Greece access to more bailout cash.

The tranche of €7.2bn is the final part of the country's second programme of financial assistance.

The Syriza-led government in Athens has been at the centre of tensions with the EU and IMF, over a programme of reforms to be implemented in exchange for the cash.

It is reported that sources there fear that the so-called 'Grexit' could be looming large if no agreement is reached by July or August.

It has already been taken for granted that Greece will need a third bailout, likely to be around €50bn.

So, if they cannot agree on getting the €7.2bn in this tranche in the next several months, it is hard to see another third bailout of €50bn.

more courts articles

Man admits killing Irish pensioner (87) on mobility scooter in London Man admits killing Irish pensioner (87) on mobility scooter in London
Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court

More in this section

Pro-Palestinian protesters defy police orders to remain on US campus Pro-Palestinian protesters defy police orders to remain on US campus
Georgian parliament cancels session after building damaged during protests Georgian parliament cancels session after building damaged during protests
Death toll surges after road collapse in southern China Death toll surges after road collapse in southern China
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited