Eurozone countries give the green light to emergency funding after Greece finally does enough to satisfy lenders 8.12am BST EUROPEAN MARKETS HAVE OPENED HIGHER, FOLLOWING WALL STREET’S GAINS ON THURSDAY. The FTSE 100 is hovering close to the 6,000 mark, up 0.8% or 48 points at 5,998. 8.02am BST GOOD MORNING, AND WELCOME TO OUR ROLLING COVERAGE OF THE WORLD ECONOMY, THE FINANCIAL MARKETS, THE EUROZONE AND BUSINESS. Good news for Greece, as its eurozone creditors have agreed to release a €7.5bn (£6bn) tranche of funding urgently needed by Athens. A cycle is ending for the country. The country is entering a stable macroeconomic, fiscal and investment environment. Continue reading...
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