Greece to get first 4 billion euro from EU bailout

Greece is set to receive 4 billion euros (5.1 billion euros) from the eurozone's bailout fund this month, Belgian Finance Minister Koen Geens said Monday after agreeing an incremental pay-out of aid to the country with his eurozone counterparts, dpa reported.

A second installment of 1.8 billion euros will be paid out by the International Monetary Fund in August, while a final tranche of 1 billion euros will be provided by the eurozone in October.


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