EU officials suggest frantic days ahead for Athens until March 11 Eurogroup

EconomyProgramme Tags: Banking, EC, Eurogroup, NPLs
Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98
Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

Comments made to Reuters by European officials regarding the possibility of eurozone finance ministers delaying a decision to disburse up to 750 million euros to Greece on March 11 have raised concerns in Athens, where the Finance Ministry is waiting for a response from Brussels to its proposal for a new scheme to protect primary residences from foreclosure.

One eurozone official told Reuters that the report on the second post-programme review that the European Commission is due to publish on February 27 “is likely to say that Greece has not completed the agreed reforms.” The unnamed official added that if ...

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