EWG clears 7.5 bln tranche for Greece in first step before disbursement

Photo via Flickr https://flic.kr/p/hBR9WW
Photo via Flickr https://flic.kr/p/hBR9WW

The Eurogroup Working Group (EWG) held in Helsinki on Thursday evening approved the implementation of the remaining prior actions by the Greek government and gave the first green light for the disbursement of the next tranche of 7.5 billion euros.

One of the key prior actions related to the privatisation of Hellenikon (former Athens airport) and was implemented on Tuesday via the signing of the memorandum of understanding (MoU) by the Hellenic Republic Asset Development Fund (HRADF) and the prefe...

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