European leaders were set to ease Greece's financial pain and recommit to keeping it in the euro after the Athens government delivered an austerity budget for 2013.

European and International Monetary Fund experts provided a positive verdict on Greece's prospects, clearing an obstacle to a 31.5 billion-euro ($40 billion) aid payout that's been on hold since June.

"The overall orientation that's emerging from the preparatory work is such that the next disbursement to Greece should be organized in the best possible way," Luxembourg Prime Minister Jean-Claude Juncker told reporters in Brussels before chairing tonight's meeting of euro finance ministers.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.