The eurozone emergency fund agreed on Friday (7 July) to unblock a €8.5 billion new tranche of loan for Greece, as part of the bailout programme agreed in 2015.
The fund, known as the European Stability Mechanism (ESM), is expected pay out a total of €7.7 billion on Monday.
Some €6.9 billion will help Greece to meet its debt repayment commitment, which amounts to around €7 billion this month, while €800 million will be used to clear arrears.
The second part, €800 million, w...
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