The Euro zone ministers have finally agreed to give Greece a 7 billion euro as a bridging loan from the EU-wide finance in order to maintain its finance until a bailout is being approved. It is expected that the loan will be confirmed by the EU leaders on Friday. The European Central Bank has Continue Reading
The euro zone ministers have ordered no new plans before the summit gets over. It is reported that they had urged Greece to submit new plans after the people had rejected a draft bailout in a referendum. Greece has stated that it had proposed new changes and hopes to secure a mutually beneficial agreement. But Germany thinks that […]Continue Reading