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Greek MPs passed a new raft of austerity reforms on Sunday, paving the way for the latest bailout payments (Photo: u07ch)

Eurozone ministers agree to pay Greece €8.3bn

Eurozone finance ministers agreed to pay out €8.3 billion of Greece's bailout package on Tuesday (1 April), bringing to a close a protracted battle between the Athens government and its creditors over the latest round of austerity reforms.

As a result of the agreement, approved at a meeting in Athens as part of Greece's six month EU presidency, Greece will receive a first tranche of €6.3 billion at the end of April that will allow it to meet debt repayments totalling €9.3 billion in May...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Greek MPs passed a new raft of austerity reforms on Sunday, paving the way for the latest bailout payments (Photo: u07ch)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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