The Traderszone Network

Published in TZ Latest News 21 November, 2015 by The TZ Newswire Staff

Euro zone agrees Greece can get next loan tranche, cash for bank recap

Greece has done all the reforms in the a first package of measures agreed with euro zone creditors, which paves the way for Athens to get the next tranche of loans, the head of euro zone finance ministers Jeroen Dijsselbloem said on Saturday. Greece is getting very cheap loans form the euro zone bailout fund ESM under its third bailout agreement in exchange for putting its public finances in order and reforming the economy to make it more efficient and competitive. “On the basis of a final compliance notice…

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