BRUSSELS, March 2 (Xinhua) -- Eurogroup President Mario Centeno said on Friday Greece has met conditions for getting the next tranche of bailout funds.
"I have been informed that the Eurogroup Working Group on 2 March verified that all prior actions of the third review of the Greek ESM programme have been completed, "Centeno said in a statement.
The full implementation of the prior actions confirmed the commitment of the Greek government to the program and a continued reform effort, said Centeno.
The ESM Board of Directors is expected to approve the disbursement of the fourth tranche of the ESM program after national parliamentary procedures have been completed, the president said. "This will pave the way to the release of the first subtranche of 5.7 billion euros in the second half of March," he said.
He also mentioned the fourth and final review and the technical work of possible new debt relief measures is ongoing.