News Column

Eurozone Ministers Approve Release of Greek Bailout Tranche

December 13, 2012

Eurozone finance ministers have given the final green light for the release of a new bankruptcy-inhibiting bailout tranche for Greece, Eurogroup president Jean-Claude Juncker said Thursday.

"Money will be flowing to Greece as early as next week," Juncker told reporters in Brussels. "We are convinced that the (bailout) programme is back on sound track."

"Today's decision by the Eurogroup marks the conclusion of many long months of uncertainty for Greece," EU Economy Commissioner Olli Rehn added.

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

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