BRUSSELS (Reuters) Euro zone creditors will disburse new loans to Greece this month and are working on debt relief measures, the head of the Eurogroup of euro zone finance ministers said on Monday, moves that should help strengthen the Greek recovery.
Greeces 86-billion-euro bailout programme, the third since 2010, is approaching its end in August and international lenders are debating how to make sure the country maintains strong growth in the coming years.
The euro zone bailout fund will pay out a new loan of 5.7 billion euros (£5.1 billion) to Greece in the second half of March after euro zone parliaments complete approval procedures, Centeno told a news conference after a regular monthly meeting of euro zone …
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