Schauble: There will be a deal at the EuroGroup

German Finance Minister arrives at meeting

Arriving at the EuroGroup meeting, German Finance Minister Wolfgang Schauble predicted that there would be a deal on the Greek matter and the next scheduled tranche would be released. The German Finance Minister underlind that any deal on the Greek debt would be within the framework agreed in the May 2016 EuroGroup on the issue. He stressed that all sides agreed on a formula for the participation of the IMF in the Greek bailout program.