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November 30, 2011

8 Billion Euro tranche released to Greece

Despite ongoing fighting inside the Prime Minister Lucas Papademos government, meetings in Brussels apparently satisfied requirements to have the sixth loan installment released.

eKathimerini on the scene

"However, the mood in the cabinet meeting is unlikely to be celebratory. Sources said that Papademos has expressed concern about the disagreements between ministers and what impact this might have on his government’s attempts to meet the targets set by Greece’s lenders.

Sources added that Papademos is less concerned about squabbling between cabinet members from the three parties taking part in the interim government than between ministers from PASOK.."


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