Eurogroup approves extension, no decision on loan tranche

Greece received a two-year extension to its fiscal adjustment programme, but no decision was made on the disbursement of an outstanding 31.5 tranche of an EU/IMF bailout loan at Monday's Eurogroup meeting of eurozone finance ministers in Brussels.

"Together with the Greek adjustment program the Eurogroup will further discuss (Greece's) financing needs and debt sustainability at an extraordinary meeting that will be convened on 20 November," the (...)

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