Athens secures rescue funding, with caveats

16:02 9/7/2013 - Πηγή: NewPost

Eurozone officials on Monday approved the disbursement of 6.8 billion euros in rescue funding for Greece – aid that is to be released in tranches and subject to Athens honoring specific pledges – after the country’s troika of international creditors – the European Commission, European Central Bank and International Monetary Fund – concluded that the country’s economic program was broadly on track though lagging in certain areas.