BRUSSELS—Euro-zone officials are debating delaying a €5.2 billion payment to Greece as the political backlash grows in Athens against a bailout program negotiated with international creditors, officials familiar with the discussion said Wednesday.
The European Commission said earlier this week that Greece is due to receive the funds Thursday, part of a previously approved disbursement from the €130 billion bailout sealed in March with the euro zone and the International Monetary Fund. But Germany, Finland and others are wary of making the payment because of comments from Greek politicians following Sunday's elections calling for the bailout to be renegotiated.They need the money to make their loan payments.
Greece needs the funds mainly to repay €3.3 billion in Greek bonds maturing May 18 that are held by the European Central Bank and national euro-zone central banks.
Someone's gonna get a paddlin'.