Greece granted new loan amid central bank warning


Associated Press
December 17, 2013

Greece’s euro partners agreed Tuesday to hand over a delayed billion euro ($1.4 billion) payment to the bailed-out country, just as its central bank warned over the economic impact of escalating political tensions.

Jeroen Dijsselbloem, the Dutch Finance Minister who heads the Eurogroup, said Greece had met the major conditions necessary for the latest loan instalment from its bailout package worth 240 billion euros ($330 billion).

The agreement came at a meeting of eurozone finance officials in Brussels and came despite a recent failure by the Greek government to agree a way ahead with the country’s debt inspectors, made up of representatives from the European Commission, European Central Bank and International Monetary Fund.


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