By N. Bellos
[email protected]
Eurozone finance ministers at a Eurogroup meeting in March are expected to discuss the issue of 600-million-euro tranche of profits generated by Greek bonds held by the ECB and other Eurozone member-states’ central banks.
The decision to be taken is if, and when, the profits will be returned to Greek state coffers, one of a series of debt relief measures announced by institutional creditors in 2017.
A top Eurozone official on Thursday, speaking in Brussels, said a second post-bailout “enhanced supervision” will decide, to a major extent, whether ministers at the Eurogroup meeting will approve the cash transfer.
Creditors’ auditors return to Athens for another inspection next week, with a report subsequently forwarded to the Eurozone’s technocrats at the end of January. The Commission will submit its report on Feb. 27.
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