Greece ready for next loan tranche

Greece has carried out all the reforms in the first package of measures agreed with eurozone creditors, which paves the way for Athens to get the next tranche of loans, the head of eurozone finance ministers Jeroen Dijsselbloem said at the weekend.

Greece is getting very cheap loans from the eurozone bailout fund ESM under its third bailout agreement, in exchange for putting its public finances in order and reforming the economy to make it more efficient and competitive.

Eurozone deputy finance ministers (EWG) reviewed on Saturday the progress made by Athens in the reforms.