Last Update: 22:30
The disbursement of loans to Greece is likely to take place in early July, European Stability Mechanism (ESM) Managing Director Klaus Regling said on Wednesday, after a meeting with Greek Finance Minister Euclid Tsakalotos in Athens.
He also repeated that Greece could return to the markets this year or in early 2018 “if there is progress on reforms and the programme is fully implemented.”
Asked if he was satisfied with the implementation of reforms in the Greek programme, Regling replied: “We have seen progress, some times there are delays but we are happy with the package of reforms that has been agreed.”
After his meeting with Tsakalotos, the ESM chief was received by Prime Minister Alexis Tsipras at the Maximos Mansion.