Daily Archives: September 13, 2016

Greece | European Commissioner: Greece Mainly Responsible for Completion of Review

European Commissioner Pierre Moscovici said that Athens has the main responsibility for the completion of the second review of the bailout program.

Negotiations between Greece and creditors resumed on Monday after summer recess. The Greek government has yet to complete several prerequisites for the disbursement of the next loan tranche amounting to 2.8 billion euros. Creditors have given Greece until the end of October to implement the required measures and reforms for the release of the funds.