EU to Decide Tomorrow on Pace of Greek Payouts
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Euro-area finance chiefs will decide tomorrow on the amount and pace of Greece’s next aid payments, Dutch Finance Minister Jeroen Dijsselbloem said.
Greece needs another infusion of money to avoid default in May, when it has to repay 12.5 billion euros ($17.2 billion) of government debt. The Mediterranean nation has faced repeated delays in accessing a 130 billion-euro bailout package, its second, and hasn’t received a payment since December.