Eurozone partners and Brussels continue to express concerns over the Greek government’s delays in implementing a handful of “post-bailout” prior actions, necessary conditions towards releasing a 640-million-euro tranche promised to Athens by European creditors.
The sum at stake is the profits generated by Greek state bonds held by the ECB and other Eurozone member-states’ central banks.
Following numerous reports last week after the end of a Euroworking Group meeting Brussels, a top Eurozone official in Brussels on Wednesday confirmed that “there is a problem” with Greece in terms of implementing the prior actions. However, the same official declined to answer whether there was a problem, on the part of creditors, over the poll-trailing Tsipras government’s unilateral raising of the minimum monthly wage scale in the country.
Nevertheless, the source said the “Greek issue” is not expected to be on the agenda of a Eurogroup meeting on Monday, but rather, at a March 11 session.
The latter is where a decision will be taken on the six-month 640-million-euro tranche, out of a total of one billion euros available.