The Traderszone Network

Published in TZ Latest News 16 July, 2015 by The TZ Newswire Staff

Europe moves to restore funding to Greece after bailout vote

Europe moved to re-open funding to Greece’s stricken economy on Thursday after the parliament in Athens approved a new bailout program in a fractious vote that left the government without a majority. The European Central Bank increased emergency funding for Greek lenders, although capital controls will have to remain in place to avoid a run on the banks when they reopen on Monday.

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