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Tag Archives: 15bn euros

ESM approves “in principle” €15bn bailout tranche to Greece

The European Stability Mechanism said that it has approved “in principle” the disbursement of the €15 billion to Greece. Ignoring the approval by 18 eurozone member state, Germany blocked the last bailout tranche at the Eurogroup on Thursday, expressing reservations about a fiscal hole of 28 million euros that will …

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