(Updates with comment from Reynders in second paragraph.)
June 20 (Bloomberg) -- Euro-area finance ministers reached no agreement on a scheduled 12 billion-euro ($17.1 billion) aid payment to Greece, Belgian Finance Minister Didier Reynders said.
“The latest tranche normally should be released in mid- July on the basis of a decision we take in early July,” Reynders told reporters in Luxembourg after a euro group meeting that ended early today.
This is because “we are now starting the negotiations on the participation of the private sector on a voluntary basis” in a second bailout package for Greece and “we have to wait for the decision of the Greek parliament on the enactment of the plan.”
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