The Eurogroup has given the green light to the third rescue greek 86 billion for the next three years. And ‘what it is said in a statement. The first tranche of aid should be 26 billion euro.
The greek Parliament approved the agreement with the creditors on the third bailout of the country. The agreement was approved with 222 votes in favor, 64 against and 11 abstentions. The greek Parliament thus approved the bill this morning on the third memorandum to the rescue of the country agreed on Tuesday by the government in Athens with Greece’s creditors. The vote unlocks so aid to 85 billion euro.
“The negotiations of the Memorandum in Athens had the objective of reaching agreement on a package of comprehensive reforms and credible”. So the EU Commission and the European Central Bank in a statement, noting also the “good cooperation of the Greek authorities.” “Cross-compliance – it says – will be reviewed on a quarterly basis, taking into account the progress achieved. The agreement is in line with the declaration dell’Eurosummit of July 13, has yet to be approved at the political level, ratified States, and endorsed ESM “.
Sapin, good agreement but now restructure debt – The aid plan for Greece and ” designed to fail”, but now “and ‘must reschedule, rework debt greek “. This was stated by the French finance minister, Michel Sapin, speaking on France Inter. “You have to adapt, to enable Greece to find oxygen, respiration, activity ‘,” he added, stressing that today the Greek government is “fully assuming its responsibilities”.
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