Greece Gets Fresh Loan Payout as Euro Area Looks to Help on Debt

  • Euro area approves 1.1 billion-euro payout at Monday meeting
  • Dijsselbloem says he wants clarity on IMF’s role in bailout

Greek Prime Minister Alexis Tsipras.

Photographer: Sakis Mitrolidis /AFP via Getty Images

The euro area authorized a 1.1 billion-euro ($1.2 billion) payment to Greece and signaled a further 1.7 billion euros would follow this month, saying the region’s most indebted nation has made progress in overhauling its economy.

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