BRUSSELS (Sputnik) — Greece’s lenders are currently reviewing economic reforms implemented by Athens needed to unlock further bailout funds.
No additional #eurogroup on #Greece this Thursday, more time needed. Meeting on first review, contingency package and debt at later stage
— Michel Reijns (@MichelReijns) April 26, 2016
Athens signed a deal with its international creditors, including the IMF, the European Central Bank and several EU countries, last summer, approving a third bailout package worth about 86 billion euros ($96 billion) in exchange for highly unpopular austerity reforms, including pension cuts and tax hikes.
The third tranche of financial aid for Greece remains locked without lenders’ positive assessment of Athens’ state reforms ahead of major repayments expected this summer.
