German finance ministry spokeswoman Friederike von Tiesenhausen on Monday (04/05) said she had no information to the effect that the…She also referred to reports at the weekend, which said there was progress in the negotiations but a number of issues that were still open.
According to the spokeswoman, there had been extensive discussion on all the steps needed to wrap up the current programme and disburse the remaining funds. She stressed that every disbursement must go through the German Parliament, since the German representative in the European Stability Mechanism (ESM) had to receive the go-ahead to release the funds.
“Therefore, before any …read more
Source: Newsbomb
