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Saturday, August 15, 2015

Breakdown of the First Installment of Greece’s Third Bailout

After much speculation and uncertainty, the Eurogroup approved Greece’s 86-billion-euro program on Friday evening, effectively giving the country its third Memorandum in five years. The third Greek bailout is scheduled to run until August 2018 and the 86 billion euros will be given to Greece in installments until the program expires. The much feared bail-in of banking deposits was ruled out


READ THE ORIGINAL POST AT greece.greekreporter.com