Wednesday, August 19, 2015

Greece due its first slice of bailout cash

Athens is due to receive ( / has received ) the first tranche of its rescue fund from eurozone countries on Thursday morning.

After successful votes and intense debates on the bailout in The Netherlands and Germany, Greece will use the initial 13 billion euros in aid to help repay loans including a 3 billion euro bill to the European Central Bank this week.

Our Europe correspondent Sandra Gathmann reports:

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