Eurozone approves $9.6b loan for Greece

Athens: Europe’s bailout fund has approved the payment of 8.5 billion euros ($9.6 billion) in rescue loans to Greece, a long-delayed installment under the country’s third international bailout. Friday’s approval by the European Stability Mechanism was the final formality before the funds can be released to the debt-laden country. The first disbursement of 7.7 billion Read More