Wall Street Journal
July 1, 2011
Finance ministers of the euro zone are set to approve the disbursement of a new tranche of aid for Greece as early as Saturday after the Greek parliament passed a fresh round of austerity measures, a person familiar with the matter said Friday.
Eurogroup finance ministers are expected to agree on the aid installment when they hold a conference call on Saturday, the person said. The call will replace a meeting in Brussels initially scheduled for Sunday.
"This is about considering and approving the conditions for the next tranche of aid to Greece, and when that's ready to be done Saturday, then all the better," said German finance-ministry spokesman Martin Kreienbaum.
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