Athens will have to wait again. A meeting of Euro zone finance ministers in Luxemburg decided not to provide it with the next bailout trance until November. The group’s head Jean-Claude Juncker relentlessly pointed to Greece’s ability to pay off its debts, which makes its withdrawal from the Euro unlikely. World markets, however, failed to share the official’s optimism and closed in the red again.

This has already become a common state of affairs when European indexes enter the red sector and the Euro falls against the USD. The main reason behind this remains the same - uncertainty around Greece that should have received its tranche loan last month. However, the analysis of its economic situation carried by experts of the European Commission, the European Central Bank and the International Monetary Fund out in early September revealed Athens’ failure to meet all the stipulated conditions. Greece was therefore compelled to promptly take extra budget-saving measures. Whether this will prove enough to receive the promised €8 billion or not will become clear no earlier than on October 13th, with first money to be injected in early November at best. Until then Athens will not run short of money, Jean-Claude Juncker believes.

Investors have already heard this and expect particularities, the lack of which is making indexes go down again, according to Aton investment company analyst Yelena Kozhukhova.

"We’ve heard it many times from Euro zone leaders that Greece is not going to default on its debt and will get assistance. Investors tend to perceive information of this kind rather composedly because we haven’t yet seen any improvements. Investors are seeking actual data but the market is not in a hurry to show even short-term growth. I would like to especially point to the fact that Greece is only able to meet its debts until late October. So, there is just one month left," Yelena Kozhukhova stresses.

And still, austerity measures adopted by the Greek government and the world’s readiness to allocate money for Athens did have a positive effect after all. Tensions surrounding its possible default became slightly lower, says senior equity analyst at Life Capital Valery Piven.

"It has long ago become obvious that Greece can make a difference with the help of this tranche. The market also provided a positive response by decreasing the credit default swap (CDS) for the Greek public debt. Furthermore, countries like Greece are actively declaring their wish to stay in the Euro even through the toughest budget cost containment measures in exchange for a bailout. A lot will depend on whether system reforms carried out in the Greek economy will have the expected revitalizing effect or not. If the situation goes on to deteriorate despite all the money flows, default risks will be back again," Valery Piven says.

The Luxemburg meeting of Euro zone finance ministers was notable for one more important event - its participants validated loan-issuing rules for Greece’s creditor countries. This was initiated by Finland which refused to grant a loan to Athens without guarantees.