Greek Ambassador Optimistic Eurogroup to Approve Aid on July 8

The Greek ambassador to the Netherlands, Teresa Paraskevi Angelatou, said she’s optimistic that euro-area finance ministers will approve the next aid payment to Greece when they meet in Brussels on July 8.

“The mobility of civil employees is the only open issue” in the Greek government’s talks with the so-called troika that oversees euro-area bailouts, Angelatou said in an interview in The Hague yesterday. The Dutch finance minister, Jeroen Dijsselbloem, chairs meetings of his euro colleagues.

Angelatou’s comments echoed those made yesterday by Greek Finance Minister Yannis Stournaras, who said progress had been made with the troika on all issues and the aim was to reach a political agreement on the next aid payment on July 8. Talks with the troika will continue until July 7 if needed, he said.

European officials this week raised the possibility of breaking Greece’s next aid payment into smaller tranches. Angelatou said that while there have been discussions about breaking the payment into three installments, Greece would prefer to have the money all at once.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE