Funds for Greece approved by European bailout fund

European bailout fund supervisors have approved the release of billions of euros to help rebuild Greece’s devastated economy just as a new debt payment looms.

Funds for Greece approved by European bailout fund
Wed, 19 Aug, 2015 - 20:35

European bailout fund supervisors have approved the release of billions of euros to help rebuild Greece’s devastated economy just as a new debt payment looms.

The European Stability Mechanism board said that it "will provide up to 86 billion euro in financial assistance to Greece over three years".

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