ECONOMY

Institutions’ report on Greek one-off measures ‘quite critical’, says German FinMin

Institutions’ report on Greek one-off measures ‘quite critical’, says German FinMin

The institutions involved in Greece's aid program have issued a "critical" report assessing whether unilateral measures announced by Athens are compatible with its bailout obligations, a German Finance Ministry spokesman said on Friday.

"The report is preliminary and it is quite critical," spokesman Dennis Kolberg said, adding that the German government would evaluate the content in detail next week.

Germany had asked the institutions involved in Greece's aid program on Wednesday to assess whether a planned pre-Christmas payout to poor pensioners was compatible with Greece's bailout obligations.

[Reuters]

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