Greece to Get More EU Loans

August 21, 2010 by admin
Filed under: Economic Outlook 

Greece is in line to receive a further €9 billion in eurozone loans after the European Commission, to clear the second tranche of the bail-out facility agreed to alleviate its fiscal troubles.
In spite of the significant progress made, chalelnges and risks remain. The main immediate challenge is to safeguard adequate liquidity and financial stability of the banking sector.

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