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Eurozone approves 2.8b euros in bailout funds for Greece

Athens has lived up to pledges to clear arrears, which will boost the economy, says Mr Regling.


EUROZONE officials announced on Tuesday they have approved 2.8 billion euros (S$4.2 billion) for Greece from its huge third bailout after the cash-strapped nation delivered the needed reforms.

Following the latest disbursement approved by the European Stability Mechanism...