Greece is due to attend an important meeting in order to discuss the bailout payments to be received from its partners in Europe and International Monetary Fund (IMF).
The meeting is being organised after Europeans assured to help Greece in monetary ways in accordance with guidelines of the economic deal, revealed German Deputy Finance Minister Joerg Asmussen.
As per Mr. Asmussen, “The disbursement will not take place before the mission finishes and it will not take place if the mission is not convinced by the measures taken and implemented by Greece”. The minister also reveals about the chances of selling out of the Greek bonds, as a measure stated in the second funding programme formulated by Greece.
With the way events are turning around, it seems unlikely that the trio IMF, ECB and EU-commission would be able to resolve the anomaly surrounding the six tranche to be given to cash crunched Greece as they meet on October
3. It has even been confirmed by Mr. Asmussen, who has further called for resolving the matter as soon as possible as the Eurozone crisis is extending to other countries now.
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