Dijsselbloem: 7.5 billion euro tranche to be disbursed within the week

He said that the target of 3.5 percent of GDP surplus after 2018 is not realistic and may be lowered in the following years

The president of the Eurogroup Jeroen Dijsselbloem on Tuesday said he believed that the ESM will approve the disbursement of the 7.5 billion euro loan tranche within the week, as Greece has met all the prior actions.

Attending the economic and monetary committee of the European Parliament in Brussels, he replied to a question posed by SYRIZA MEP Dimitris Papadimoulis underlining that Greece and its lenders have entered a different phase.

“The climate is different; we work constructively. Of course differences exist, but we continue to work constructively,” he said.

Dijsselbloem also admitted that the target of 3.5 percent of GDP surplus after 2018 is not realistic and may be lowered in the following years.