Troika to assess how to get Greece back on track

The troika arrives back in Athens this morning with pressure mounting on the Greeks to speed up reforms as German politicians re-ignite the idea of kicking them out of the eurozone.

While the Bundestag, like most EU parliaments, closes for the holidays, a technical group begins assessing where the Greek economic programme is and how to bring it back on track. The European Commission confirmed the next tranche of bailout funds would not be paid before September, pending the assessment of the Greek programme.

However, they need to roll over a debt of around €3.6bn held by the ECB in mid-August and some liquidity to keep the country afloat.