Greece says expects to pass bailout in parliament on Aug 18
[ATHENS] Greece expects the third bailout it is negotiating with its international lenders to be passed by parliament on August 18, in time to secure funds to cover a key payment to the European Central Bank, the government's spokeswoman said on Friday.
Asked about an Aug 18 vote for disbursement of aid, Olga Gerovasili told Parapolitika radio: "Yes, it is the scheduled time frame and I believe that it will be followed."
"Based on what has taken place so far, there is a good climate in the talks and in the mood of the institutions, showing that this time frame will be met."
Athens is negotiating with European Union institutions and the International Monetary Fund for up to 86 billion euros (US$94 billion) in fresh loans to stave off economic collapse and stay in the euro zone.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea’s March factory output falls most in 15 months
Deflation reaches UK stores as non-food prices fall 0.6%
Japan’s March factory output rises 3.8% vs month earlier
Hong Kong vies with US in Bitcoin ETF market after crypto’s revival
More UK companies plan price rises but wage expectations cool: Lloyds
Campaigning EU chief von der Leyen defends record during debate