World

Greece to get 5.7bn euros in new loans second half of March

Published March 2, 2018 Updated March 2, 2018 01:58pm

"I have been informed that... all prior actions ...have been completed," Eurogroup President Mario Centeno said in a statement, adding the euro zone bailout fund was likely to approve the disbursement new loans to Athens after national parliamentary procedures are completed.

"This will pave the way to the release of the first sub tranche of 5.7 billion euros in the second half of March," Centeno said.

He said the final review of Greek reforms under the bailout was now under way, as was technical work on possible new debt relief measures.

Copyright Reuters, 2018