Europe works to bail out Greece
Eurogroup agreed to provide €3 billion to Greece to prevent the nation from going bankrupt. But the financial assistance comes on condition of implementing new reforms, reports RBC-Ukraine.
This month Greece is going to receive €2.5 billion with the remaining money to arrive only in October.
The troubled country may also count on the € 2 billion in Central Bank’s profits from the sale of bonds, and another € 1.8 billion to come from the International Monetary Fund.