Eurogroup expected to greenlight €767 million tranche to Greece on Wednesday

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Eurogroup expected to greenlight €767 million tranche to Greece on WednesdayProfits from Greek bonds held by other central banks to be returned

Eurogroup member states' finance ministers are expected to issue the "green light" to the release of a 767-million-euro tranche to Greece, namely, the profits generated by Greek bonds held by the ECB and Eurozone state's central banks, naftemporiki.gr reports.

A Eurozone official said as much on Monday, adding that the disbursement will take place in early January 2020, after ratification by Eurozone member-states' parliaments, with the scrutiny particularly on Germany's Bundestag.

The Eurogroup venue will also consider and, most likely, approve of the fourth post-bailout "enhanced supervision" of Greece by European creditors.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Andrikkos

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