EU Commissioner Moscovici says negotiations on new bailout have started

Gazzetta team
EU Commissioner Moscovici says negotiations on new bailout have started

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European Commissioner for Economic and Financial Affairs Pierre Moscovici on Wednesday told reporters that negotiations between Greek authorities and the institutions on a Memorandum of Understanding for Greece's 3rd bailout programme have started and will continue into the second fortnight of August.

He also said that all sides were making swift progress towards implementing the eurozone summit agreement of July 12.