BRUSSELS: Eurozone finance ministers agreed early on Tuesday to release 43.7 billion euros in loans to Greece, after months in which Greece was starved of bailout financing.
Two sources told AFP that the eurozone had agreed to release the money after a deal that could lead to a long-term debt write-down by currency partners, saying it would be handed over "in one go."
The eurozone said it will be in a position to re-start the paying out of 43.7 billion euros in loans to Greece from December 13.
A statement after 13 hours of Eurogroup talks gathering finance ministers, the IMF and the ECB said would be paid in four instalments through until the end of March, but conditional on the implementation by Athens of tax reforms agreed with creditors.
- AFP/ck
Eurozone agrees to release 43.7b euros to Greece
This article
Eurozone agrees to release 43.7b euros to Greece
can be opened in url
http://newsdittied.blogspot.com/2012/11/eurozone-agrees-to-release-437b-euros.html
Eurozone agrees to release 43.7b euros to Greece
