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Wednesday, July 31, 2013

Greece To Receive $2.3bn IMF Bailout Payment

Greece last week adopted the last piece of legislation its international lenders required to release the lastest batch of rescue loans, after two months of wrangling over unpopular measures to overhaul the economy.





The International Monetary Fund on Monday approved a further 1.7 billion euros ($2.3 billion) in aid payments to Greece after completing a review of the country’s finances, but warned Athens must do more to implement reforms in light of looming shortfalls.






<p>The International Monetary Fund on Monday approved a further 1.7 billion euros ($2.3 billion) in aid payments to Greece after completing a review of the country&rsquo;s finances, but warned Athens must do more to implement reforms in light of looming shortfalls.</p>



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