European Commission report on program review is in principle positive

The report has been submitted to the EuroWorking Group in order to give the green light for the disbursement of the 7.5 billion euro tranche

The compliance report on the Greek program review submitted by the European Commission to the EuroWorking Group is in principle positive, according to EU sources.

The same sources said that the report has been submitted to the EuroWorking Group in order to give the green light for the disbursement of the 7.5 billion euro tranche this month.

“Now it lies within the member states,” the sources added.

EU member states will be briefed on the positive report by the EWG and the ratification process from the five national parliaments will follow.