Ad
"It is something that a month ago I couldn't have dreamt of," Eurogroup president Jeroen Dijsselbloem said (Photo: Council of the EU)

EU and IMF agree debt relief for Greece

Eurozone finance ministers and Greece's creditors on Tuesday (24 May) renewed the tradition of late night discussions but in the end agreed to disburse a €10-billion tranche of aid and to relieve Greece of part of its debt.

The agreement will also keep on board the International Monetary Fund (IMF), which called for debt relief. But that decision will have to be confirmed later this year.

"It is something that a month ago I couldn't have dreamt of that the ministers would have agr...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
Ad
Ad