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Saturday, August 15, 2015

Eurogroup Approves 86-Billion-Euro Greek Bailout Deal

After months of deliberations, Greece secured long term financing from the Eurozone countries on Friday evening. The Eurogroup convened just a few hours after the Greek Parliament ratified the 86-billion-euro cash-for-reforms bailout deal. The Eurozone’s approval ensured that Greece will receive the 86 billion euros over a three-year period. Greece has to repay 3.2 billion euros in bond


READ THE ORIGINAL POST AT greece.greekreporter.com