• Eurogroup will not transfer €2 billion to Greece as the Greek government has not fulfilled agreed obligations

Market news

10 November 2015

Eurogroup will not transfer €2 billion to Greece as the Greek government has not fulfilled agreed obligations

The Eurogroup decided on Monday not to transfer €2 billion to Greece as the Greek government has not fulfilled agreed obligations. Eurogroup President Jeroen Dijsselbloem said that Greek Finance Minister Euclid Tsakalotos claimed that Greece and its lenders will reach an agreement within this week.

"The 2 billion will only be paid out once the institutions give the green light and say that all agreed actions have been carried out and have been implemented. That still has not happened," Dijsselbloem noted ahead of the meeting.

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