Greece secures next bailout tranche, moves towards deal with lenders

PoliticsGreek Politics Tags: Debt, ECB, Eurogroup, IMF
Photo by MacroPolis
Photo by MacroPolis

Greece and its lenders appeared on Thursday to be on the way to an agreement that would provide Athens with its next bailout tranche and little more clarity on debt relief, but not the level of detail that Athens had hoped over the past few months.

Following a meeting of the European Stability Mechanism’s board of governors in Luxembourg in the morning, it was confirmed that the institutions had a staff-level agreement confirming that Athens had completed its prior actions.

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