Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets

PoliticsGreek Politics Tags: Debt, EC, Eurogroup, IMF, Tsipras
Photo via Fosphotos
Photo via Fosphotos

Thursday’s Eurogroup in Luxembourg ended in an agreement that will see Greece receive another 8.5 billion euros in loans but fell short of giving the International Monetary Fund the clarity it wanted on debt relief measures in order to immediately join the Greek programme with new funding.

Greece’s lenders agreed that Athens had completed the necessary prior actions standing in the way of the next disbursement. European Stability Mechanism chief Klaus Regling said that the 8.5 billion euros would be split into two sub-tranches. The first,...

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