Disbursement delayed until April as lenders wait for primary residence law to be settled

EconomyProgramme Tags: Eurogroup, NPLs, Property
Photo by EU Council via Flickr https://flic.kr/p/gDK7GV
Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

As seemed likely following the European Commission’s second enhanced surveillance report last month, Monday’s Eurogroup did not lead to the activation of the latest round of debt relief measures for Greece.

Even ahead of the meeting of eurozone finance ministers in Brussels, European Economic Affairs Commissioner Pierre Moscovici made it clear that the 970 million euros Athens had been hoping to walk away with would remain locked away until the next Eurogr...

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