Greece May Win 2 Billion-Euro Payout by Monday, EU Official Says
- Greek banks are said likely to need some rescue funds
- Extra 15 billion euros for Greek lenders seen as unnecessary
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The Greek government might win a delayed 2 billion-euro ($2.2 billion) aid disbursement by Nov. 9 and the country’s banks will probably have to tap some emergency funding earmarked for them, a European Union official said.
The 2 billion-euro payout for the government of Prime Minister Alexis Tsipras could precede or coincide with a meeting on Monday of euro-area finance ministers at which the European Central Bank will present its recent review of the health of Greek lenders, the EU official told reporters in Brussels on the usual condition of anonymity.