Friday, November 15th, 2024

EU Commission to provide around 1 billion euro to Greece


03 April 2019  

Time taken to read : < 1 Minute


  • A
  • A
  • A

BRUSSELS: The European Commission has recommended a disbursement of around 1 billion euros ($1.1 billion) in a grant to Greece as part of its post-bailout program.

The move will boost Greece’s large cash buffers and make it easier for the country borrow at more favorable rates. The recommendation, however, has to be endorsed by euro zone finance ministers on Friday.

Greece exited its last bailout in August last year. (Agencies)

Publish Date : 03 April 2019 16:04 PM

Guru Nanak’s precepts still relevant: Vice President Yadav

KATHMANDU: Vice President Ram Sahay Prasad Yadav has expressed that

Gold price sees slight increase after two weeks of decline

KATHMANDU: The price of gold, which has been on a

Banks reduce interest rates for Mangsir

KATHMANDU: Commercial banks have reduced deposit interest rates for Nepali

President Paudel arrives home attending COP29 in Baku

KATHMANDU: President Ram Chandra Paudel has arrived home this morning

The Growing Siege on China’s Citizens’ Freedom to Travel

In an escalation of state control, China has tightened its