Germany to recommend release of aid tranche to Greece - document
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E-mailBERLIN (Reuters) - The German government will recommend that the European Stability Mechanism (ESM) rescue fund releases the next tranche of aid to Greece, according to a letter from Deputy Finance Minister Jens Spahn to the budget committee seen by Reuters on Wednesday.
The budget committee will discuss the release of 10.3 billion euros ($11.7 billion) in credit later on Wednesday.
Last week Greek lawmakers approved a set of extra measures demanded by international lenders to receive further bailout funds and cheap bank funding from the European Central Bank.
(Reporting by Gernot Heller and Matthias Sobolewski; Writing by Madeline Chambers)
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