BERLIN, July 2 (Reuters) - German Finance Minister WolfgangSchaeuble said on Saturday -- after the approval of the releaseof a tranche of loans to Greece -- that efforts to meet demandsfor the next tranche in the autumn must continue unabated.
Schaeuble said, after a conference call among the 17 eurozone finance ministers, the release was made possible by theGreek parliament passing austerity and reform laws on Wednesdayand Thursday, removing the threat of a near-term debt default.
"After the release of the fifth tranche by the euro zonecountries and the IMF, the next step must be tackled decisively:the measures passed in Athens have to be quickly implemented.The privatisations, for example, have to be started withoutdelay," Schaeuble said.
"The work on a necessary new programme for Greece arecontinuing at a high pace. That means the inclusion of theprivate sector, which will be making a voluntary substantialcontribution to the next programme for Greece."
Schaeuble added: "The passage of the new programme can thenbe completed before the release of the next tranche in theautumn -- provided, as always, that the implementation of theprogramme in Greece takes place as planned."
Earlier on Saturday, euro zone finance ministers agreed todisburse a further 12 billion euros to Greece and said thedetails of a second aid package for Athens would be worked outin the "coming weeks". (Reporting by Erik Kirschbaum ; Editing by Louise Ireland )
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