Finance Ministry: Third programme review formally concluded

The third programme review was formally concluded on Friday when the “Compliance Report” on Greece drawn up by the institutions was discussed at the Eurogroup Working Group (EWG), the finance ministry announced.

Therefore, after the implementation of the 110 prior actions, the disbursement of the 5.7-billion-euro loan sub-tranche will go ahead. The disbursement will take place immediately after the completion of the national parliamentary procedures of eurozone member-states by middle March, the ministry added.

According to the ministry, significant progress has been made during the staff-level discussion held over the past month to specify medium-term debt measures.