Greece gets positive reform review from EU exec, Germany still sceptical

Greece gets positive reform review from EU exec, Germany still sceptical
 

The European Commission gave Greece a positive review of its reforms on Monday, paving the way for the disbursement by the euro zone of a 2.8 billion euro loan.
Germany, which habitually takes a hard line, remained sceptical, suggesting that not all required reforms were carried out.
To get the money, Greece was supposed to take 15 reform actions, called milestones, the last of which were completed over the weekend. The institutions assessing the reforms are the European Commission, the European Central Bank, the euro zone bailout fund ESM and the International Monetary Fund.
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10 October 2016 in Business, Views: 35
Source: Reuters
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