FXstreet.com (Barcelona) - Greek Finance Minister Yannis Stournaras announced on Wednesday that the Greek government has reached an agreement with the Troika inspectors on the terms of the bailout program. According to the official the distressed country will have more time to meet its deficit targets.
Mr Stournaras also informed that Greece will officially communicate the outcome of its talks with the Troika during a Euro Working Group meeting on Thursday and next week two separate bills on budget cuts and labor reforms will be presented in the Greek parliament.
The successful completion of the negotiations means that Greece will be granted the next tranche of the rescue money, without which it would be soon facing a default.
Mr Stournaras also informed that Greece will officially communicate the outcome of its talks with the Troika during a Euro Working Group meeting on Thursday and next week two separate bills on budget cuts and labor reforms will be presented in the Greek parliament.
The successful completion of the negotiations means that Greece will be granted the next tranche of the rescue money, without which it would be soon facing a default.
