Euro countries have agreed to lend Greece up to €86 billion more to keep it in the single currency, with the first tranche, of €23 billion, to be transferred next Thursday (20 August).
The agreement was clinched at a meeting of euro finance ministers in Brussels on Friday (14 August).
Jeroen Dijsselbloem, who chaired the event, told press that if Athens implements required reforms it will “allow Greece to return to sustainable growth”.
European Commission president Jean-C...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.