LUXEMBOURG, June 15 Euro zone lenders will
discuss the size of new loans to Greece on Thursday and provide
some details on what debt relief they may offer Athens in 2018,
as requested by the International Monetary Fund, the chairman of
euro zone ministers said.
Greece needs more than 7 billion euros ($7.8 billion) in new
loans from the euro zone bailout fund to repay debt maturing in
July, but can only get the money once lenders agree Athens has
pushed through agreed reforms.
Another condition is the participation of the IMF in the
latest bailout. To join, the Fund wants more details from the
euro zone on what debt relief it could offer Greece at the end
of the bailout in 2018.
Asked how much money Greece would get in new loans, the
chairman of euro zone finance ministers -- the Eurogroup --
Jeroen Dijsselbloem said the size of the tranche would be part
of the talks on Thursday and would be communicated after the
Asked about the details of possible debt relief for Greece,
"Today we will give more clarity to Greece and to the IMF,
that has been asking for that clarity, how we will move forward,
how we will calibrate debt relief needed next year."
"We need to agree on the process how we will calibrate, who
will calibrate it and how we then decide the whole package,
that's the kind of discussions we will have today. There won't
be a figure that rolls out of that. The figure will only come at
the end of the programme," he said.
($1 = 0.8955 euros)
(Reporting By Francesco Guarascio and Renee Maltezou; writing
by Jan Strupczewski; editing by Philip Blenkinsop)