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Europe Daily Bulletin No. 10884

10 July 2013
ECONOMY - FINANCE / (ae) greece
Eurogroup opts for carrot and stick

Brussels, 09/07/2013 (Agence Europe) - On Monday 8 July, eurozone finance ministers reached agreement in principle on disbursement of the next batch of aid to Greece in several instalments as long as the country strictly complies with the criteria. Greece will receive a total of €6.8 billion by the autumn, €5.8 billion of it by September.

The €3 billion from the eurozone laid down in the aid programme timeline will be paid in two batches, €2.5 billion later this month, as long as...

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