
Eurozone finance ministers on Tuesdayapproved the next tranche of bailout money for Greece, saying that while it hadmade great strides in implementing economic reforms, more still needed to be done."I would like to acknowledge the great efforts made by Greece over the past fouryears to repair the public finances and build a more sustainable model for growth,"dpa quoted EU Economy Commissioner Olli Rehn as saying.Greece is to receive a new bailout tranche of 8.3 billion euros (11.4 billion dollars) inthree installments in the coming months, said Dutch Finance Minister andEurogroup chair Jeroen Dijsselbloem.An initial disbursement of 6.3 billion euros will come at the end of April, which will"allow Greece to meet its debt servicing obligations in May," Dijsselbloem said aftera meeting of eurozone finance ministers in Athens.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor