European Commissioner for Economic and Monetary Affairs Olli Rehn (left) speaks to Stournaras at the EU Informal Economic and Financial Affairs Council (ECOFIN) Meeting in Nicosia, Cyprus September 14, 2012. — Reuters picNICOSIA, Sept 14 — International lenders are likely to reach final decisions on the revised financing programme for Greece in the second half of October, Greek Finance Minister Ioannis Stournaras told reporters today.
"Greece was a small part of discussions today. The climate was rather positive. We will try to finish everything by the end of October," Stournaras said after a meeting of euro zone finance ministers.
"There is progress in discussions with the troika (international lenders), we will try to finalise (that) as soon as possible, to be ready for final decisions at the latest by end of October."
Greece is in talks with the International Monetary Fund, the European Central Bank and the European Commission on a revision of its €130 billion (RM518 billion) second bailout after it fell behind with required reforms because of two parliamentary elections. — Reuters
