Greece wants immediate technical talks on reforms for bailout program
Greece is calling for immediate, technical talks with its lenders on reforms which would help end its current bailout program and allow for fresh loans. Eurozone finance ministers are set to meet next week.
If Greece can conclude its current bailout, it would be able to claim loan funds remaining from the 240 billion-euro package ($260 billion). Concluding the bailout means implementing reforms the previous government agreed to, but that Athens’ new leaders have rejected.
Greece has monthly needs of about 4.5 billion euros, including a wage and pension bill of 1.5 billion euros. It is not due to receive any financial aid until it completes a review by lenders of final reforms required under its bailout.
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Source News: DW