Eurozone finance ministers and bank representatives are expected to meet to discuss the bailout payments for Greece and Cyprus.
The finance ministers are expected to sign an agreement and latest installment to bailout Greece while Cyrus are awaiting an approval for an estimated 3bn euros ( $3.9bn ) for its first half of its bailout package .
Slovenia have also raised concerns as to when the meeting would take place and have seen an opportunity to possibly request assistance from the European authorities .
According to reports, Slovenia is thinking of going ahead with the plan to avoid a bailout.
The founder and chief executive of Thought4Action said to reporters from CNBC “ Slovenia is much more related to what’s going on or went on in Cyprus and I would be very nervous if I was Slovenian – because there is a precedent of bad banking management and a tax on people’s deposits “
According to the founder of Thought4Action and economists, Slovenia is believed to be going through a similar situation with Cyprus regarding the increase in number of high profile firms and companies going through severe crises.
Greece is due to receive approximately 7.5bn euros for their latest payment from an estimated lump sum of 240bn-euro bailout.
The government is planning to use the money to pay wages, pensions and other financial debts.
According to the International Monetary Fund ( IMF ) ,one of the “troika” of the international lenders behind the bailout ,Greece have made a progress in tackling its budget over the years but also believe that the structural reforms of the economy have been insufficient have not addressed the tax problems.
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