You are here

Eurozone to give 7b-euro loan to Greece

This follows Greek Parliament's acceptance of bailout deal; European markets rally

MR TSIPRAS: 'I acknowledge the fiscal measures are harsh, that they won't benefit the Greek economy, but I'm forced to accept them.'


EUROPEAN equity and bond prices continued their rally following confirmation that eurozone finance ministers intended to provide a bridging loan of seven billion euros (S$10.6 billion).

The European Central Bank also decided at its policy meeting to allow Greek banks to draw