EU tells Greece: We'll have that €7bn to you by Monday

A senior European Union official has said that a way has been found to get Greece more than €7bn in short-term cash.

EU tells Greece: We'll have that €7bn to you by Monday

A senior European Union official has said that a way has been found to get Greece more than €7bn in short-term cash.

Valdis Dombrovskis, the EU Commission’s vice president for the euro, said the 28-country bloc has approved €7.16bn of bridge financing for Greece and that the money will come from funds in the European Financial Stabilisation Mechanism.

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