EC not confident that the Greece government met all conditions
The Commission is not convinced that the government Greece has fulfilled all the conditions for obtaining the next tranche of financial aid. This is referred to in the letter from Germany's Deputy Minister of Finance to the Parliament, RBC-Ukraine reports.
This may delay Greece’s receiving the next tranche of financial aid. Now in order to have aid from external creditors Greek authorities must urgently carry out a series of new austerity measures.
However, according to the report by the European Commission, so far Athens fulfilled only 17 of the 22 essential requirements; the nation is not yet capable of fulfilling the remaining five.
The Commission is going to discuss this issue today.
