Eurogroup chairman Jean-Claude Juncker told a German magazine he saw "no danger" for Spain, Italy and Belgium of fallout from the Greek crisis after eurozone finance ministers agreed to disburse more aid to Greece.
Juncker - who has repeatedly said he saw no risk of contagion from the sovereign debt crisis to Spain, Italy and Belgium - also told Focus magazine that he saw Ireland and Portugal "on the way back to capital markets".
The latest payment to Greece agreed on Saturday will allow it to avoid the immediate threat of default, but the country still needs a second rescue package, also expected to total around 110 billion euros and which will now likely only be finalised in September. The Eurogroup is a meeting of the finance ministers of the eurozone, which exercises political control over the currency and related aspects of the EU's monetary union.
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