The Eurogroup is set to convene at 4pm (Athens time) on Friday in order to discuss the recent agreement reached between the Greek authorities and European institutions for a third bailout.
While there has been praise over both sides reaching an agreement, a number of Eurozone members have expressed some objections and reservations, with Germany being the most vocal.
According to a report in German tabloid Bild, the German government believes that the third bailout agreement is “insufficient”, as it does nt include sufficient details on the policies to be implemented or the timetable for laws adopted after the ratification of the memorandum.
The German Finance Ministry was quick to dispute a number of reports that claimed that Germany has outright rejected the third bailout, noting that it has merely posed questions.
A Reuters report thought cites a German Finance Ministry document that has been sent to Brussels, where Berlins expressed concerns over the reforms related to the sustainability of the public debt and privatization.
