Bloomberg News

Greek Aid to Be Withheld Until Troika Review, EU’s Wieser Says

June 18, 2012

The European Union will withhold aid payments to Greece until the next review by international monitors, said Thomas Wieser, head of the group that prepares meetings for euro-area finance ministers.

“There will be no new decisions on disbursements before the new MOU has been negotiated and signed,” Wieser told reporters in Vienna.

He said he was referring to a review by the so-called troika, which comprises the European Commission, the European Central Bank and the International Monetary Fund.

To contact the reporter on this story: Zoe Schneeweiss in Vienna at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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