FinMin Hails Approval of Bailout Loan Tranche

FinMin Hails Approval of Bailout Loan Tranche

Finance Minister Yannis Stournaras expressed his satisfaction with the approval  by the Euro Working Group for the release of a 1-billion-euro tranche of bailout loans to Greece, the Athens News Agency-Macedonian Press Agency reported.
“A tough phase for Greece has ended,” Stournaras said, as quoted by the news agency. He added that this time the prior actions had been “unprecedented,” with the most difficult being the negotiation to decide the future of Hellenic Defense Systems.
Stournaras also said the troika of lenders is expected to return to Athens by mid-January for a new round of talks, with the aim of reaching a deal before the Eurogroup meeting of January 27, so as to open the way for a disbursement of the next tranche of aid to Greece, amounting to 4.9 billion euro.
 

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.