Tuesday, September 24th, 2024
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Photo: Agencies
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
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