EU, IMF and European Central Bank experts are set to deliver this week their conclusions on Greece’s economic perfomance, on which further bailout funds depends, a German finance ministry said.
Previously there had been no official deadline attached to the handover of the troika’s report on the country’s efforts to stabilise its public finances.
The German ministerial spokes-man said the findings would be handed over “probably at the end of the week”. The troika’s findings will determine whether Athens receives the next €12 billion instalment of a €110 billion EU-IMF bailout package agreed last year. Despite Greece’s assurances, doubts over the country’s capacity to take the necessary, unpopular measures have been growing in recent weeks alongside fears of some kind of debt restructuring or rescheduling will be necessary.