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You can find the current article at its original source at https://www.theguardian.com/business/live/2016/may/24/eurozone-greek-bailout-debt-relief-business-live
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Next version
| Version 25 | Version 26 |
|---|---|
| Eurozone finance ministers 'reach deal' over Greek bailout - live updates | |
| (35 minutes later) | |
| 1.13am BST | |
| 01:13 | |
| GREECE GETS ITS BAILOUT LOANS | |
| It’s official! Jeroen Dijsselbloem confirms that the eurozone’s bailout vehicle has agreed to extend €10.3bn of bailout loans to Greece. | |
| But as rumoured earlier, the aid will be handed over in several instalments, not in one lump. | |
| Dijsselbloem says: | |
| This is very good news... the programme is fully back on track. Greece is delivering a lot, and we are making good progress. | |
| #Eurogroup Dijsselbloem: ESM will be able to endorse the disbursement of 10.3bn #euros, pending national approvals. | |
| Updated | |
| at 1.14am BST | |
| 1.11am BST | |
| 01:11 | |
| Jeroen Dijsselboem has arrived at the press conference, rubbing his hands. | |
| And excitingly, IMF chief Poul Thomsen is there too. | |
| Thats a first! Poul Thompsen at the briefing pic.twitter.com/sUv5hse0wA | |
| 1.05am BST | |
| 01:05 | |
| Watch the eurogroup press conference here | |
| Eurogroup president Jeroen Dijsselbloem is about to hold a press conference about the meeting. | |
| It’s being streamed live, here (right-click to open in a new tab) | |
| 1.04am BST | |
| 01:04 | |
| AFP are now reporting that the eurogroup has done enough to unlock its long-awaited bailout funds: | |
| #BREAKING - Eurozone reaches deal on Greek 10.3 bn euro bailout payment: source @AFP. France's Sapin says 'deal' but no detail | |
| 1.03am BST | |
| 01:03 | |
| Michel Sapin has also declared that the IMF is part of this deal with Greece, which covers short, medium and long-term debt relief (Reuters reports) | |
| Sapin seems very happy and upbeat..seems like this one won't be another kicking the can down the road deal | |
| French FinMin Sapin: Agreement Treats All Points Discussed On Greece -- BBG | |
| 12.59am BST | |
| 00:59 | |
| French finance minister Michel Sapin says a deal has been struck with Greece, according to a newsflash on Reuters. | |
| 12.54am BST | |
| 00:54 | |
| Eurogroup meeting is over | |
| It’s official, the eurogroup meeting had concluded! | |
| And there are reports that an agreement has been reached between the eurozone and the IMF on Greek debt relief, and reforms. | |
| #eurogroup over. @J_Dijsselbloem presser imminent. | |
| 12.50am BST | |
| 00:50 | |
| Remember that Zorba the Greek tune we mentioned earlier? Apparently it was played to the eurogroup! | |
| Scoop: During Eurogroup a finance minister played the syrtaki tune out loud.Ministers getting in the full #Greek mood. | |
| 12.44am BST | |
| 00:44 | |
| Hang in there.... the latest word is that the meeting might *finally* be over. | |
| #Eurogroup is over | |
| But the Greeks say it's over, damn it! pic.twitter.com/ufu9k2OWqD | |
| 12.36am BST | 12.36am BST |
| 00:36 | 00:36 |
| Current state of play: | Current state of play: |
| 12.12am BST | 12.12am BST |
| 00:12 | 00:12 |
| The clocks have now chimed 1am in Brussels, and the eurogroup meeting still grinds on. | The clocks have now chimed 1am in Brussels, and the eurogroup meeting still grinds on. |
| We’re expecting a press conference at some stage, meaning ministers won’t get much sleep before they return for fresh meetings on Wednesday morning.... | We’re expecting a press conference at some stage, meaning ministers won’t get much sleep before they return for fresh meetings on Wednesday morning.... |
| Dijsselbloem is supposed to give a doorstep for #EcoFin at 8:45am. It may coincide with the #Eurogroup presser after all. | Dijsselbloem is supposed to give a doorstep for #EcoFin at 8:45am. It may coincide with the #Eurogroup presser after all. |
| 12.00am BST | 12.00am BST |
| 00:00 | 00:00 |
| Is it an IMF-Germany match? "Yes, with a lot of time-outs", a source tells me. #Eurogroup. | Is it an IMF-Germany match? "Yes, with a lot of time-outs", a source tells me. #Eurogroup. |
| 11.58pm BST | 11.58pm BST |
| 23:58 | 23:58 |
| IMF's Thomsen consults with Lagarde | IMF's Thomsen consults with Lagarde |
| The IMF’s top man in Europe, Poul Thomsen, is reportedly consulting with Christine Lagarde over the Greek issue.... | The IMF’s top man in Europe, Poul Thomsen, is reportedly consulting with Christine Lagarde over the Greek issue.... |
| Another break apparently. This time for P. Thomsen to call @Lagarde | Another break apparently. This time for P. Thomsen to call @Lagarde |
| Updated | Updated |
| at 12.22am BST | at 12.22am BST |