NEWS

Eurogroup to discuss Greece on Wednesday

Eurozone finance ministers, called the Eurogroup, will hold a conference call next Wednesday afternoon to discuss Greece, the spokesman for the Eurogroup president, Jean-Claude Juncker, said on Friday.

Greece is due to receive almost 31 billion euros ($40 billion) in the next tranche of emergency loans from the eurozone bailout fund, the European Financial Stability Facility (EFSF), if it gets a go-ahead from international inspectors called the troika.

“The conference call is confirmed. The scope of discussions will depend on progress made until then,» Guy Schuller said.

The call will follow discussions on Greek debt sustainability, reforms and austerity policies among junior eurozone finance ministers and treasury officials which took place on Thursday and next Monday. [Reuters]