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Belgium: Greek FM confirms €10.3bn bailout package
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25.05.2016
Greek Finance Minister Euclid Tsakalotos announced that he had reached a deal with European officials for Greece's creditors to unlock €10.3bn ($11.5) in bailout money, speaking following eleven hours of negotiations with Eurozone ministers in Brussels, Wednesday.
The €10.3 billion is set to be paid out to Greece in several installments, with the first batch, €7.5 billion ($8.4 billion), to be handed over during the second half of June.
Greece's national debt is expected to hit over €333 billion ($379 billion) during 2016.
The €10.3 billion is set to be paid out to Greece in several installments, with the first batch, €7.5 billion ($8.4 billion), to be handed over during the second half of June.
Greece's national debt is expected to hit over €333 billion ($379 billion) during 2016.
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