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Europe Daily Bulletin No. 11551

14 May 2016
Contents Publication in full By article 20 / 34
ECONOMY - FINANCE - BUSINESS / (ae) greece
Budgetary brake mechanism to be voted on before 24 May

Brussels, 13/05/2016 (Agence Europe) - Discussions between Athens and its creditors on the budgetary brake, to be applied by Athens only if it deviates from the budgetary trajectory laid down, will be finalised and the mechanism formally approved by the Greek parliament before the first monitoring mission of the third bailout plan is successfully put to bed at the Eurogroup meeting of Tuesday 24 May.

On Monday 9 May, the finance ministers of the euro zone supported the approach suggested by...

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