Spain Threatens To Block Greece Bailout Payment

Spain threatens to block Greece bailout payment

LUXEMBOURG, , (APP - UrduPoint / Pakistan Point News - 16th Jun, 2017 ) - Spain on Friday threatened to block the latest bailout disbursement to Greece, angry that Athens has failed to drop a legal case against European experts who had worked on the Greek privatisation programme.

"The payment of the latest tranche will be blocked (without a solution)," said Spanish Economy Minister Luis de Guindos on the sidelines of EU finance minister talks in Luxembourg. De Guindos told reporters that Spain and Italy had won the support of eurozone partners at marathon talks on Thursday, when a 8.5-billion-euro ($9.5-billion) payout to Greece was agreed in principle.