K. Regklingk: The evaluation continues, it is hoped to be completed by the end of the month
K. Regklingk: The evaluation continues, it is hoped to be completed by the end of the month
The evaluation of the implementation of reforms under the Greek economic support program, the completion of which is a prerequisite for the disbursement of the tranche of the Greek loan, is in progress but the process is difficult, noted the head of the European Stability Mechanism Klaus Regklingk.
"We are still in the evaluation process, but it is not easy. There is still a wide range of issues, "said Regklingk speaking at an event at the Institute Council on Foreign Relations study.
The head of the ESM added that it is hoped that the evaluation of the Greek plan will be completed by the end of the month so that Athens can begin to discuss with creditors to alleviate the debt. Greece will have to repay a loan tranche in July and Athens would have disbursed money for this, explained the Regklingk.
The evaluation of the implementation of reforms under the Greek economic support program, the completion of which is a prerequisite for the disbursement of the tranche of the Greek loan, is in progress but the process is difficult, noted the head of the European Stability Mechanism Klaus Regklingk.
"We are still in the evaluation process, but it is not easy. There is still a wide range of issues, "said Regklingk speaking at an event at the Institute Council on Foreign Relations study.
The head of the ESM added that it is hoped that the evaluation of the Greek plan will be completed by the end of the month so that Athens can begin to discuss with creditors to alleviate the debt. Greece will have to repay a loan tranche in July and Athens would have disbursed money for this, explained the Regklingk.
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