Athens: Greek bailout to total around €85bn

GMT 10:50 2015 Tuesday ,11 August

Arab Today, arab today Athens: Greek bailout to total around €85bn

Greek government
Athens - Arab Today

Greece's third bailout, whose technical details were agreed to with international creditors on Tuesday, will total "around 85 billion" euros over three years, the Greek government said.

Athens has agreed to a long list of budgetary adjustments and reforms in exchange for the financing of "its loan repayments and the state's (domestic) payment arrears", the statement said.

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