EU strikes deal on â¬8.5 bn bailout loan for Greece
The European Union has agreed to unlock loans of â¬8.5 billion for Greece's â¬86 billion bailout to ensure that the country meets a payment of over â¬7 billion on its debt next month. However, the payment requires parliamentary approval in some countries. "It's a very constructive decision that will help Greece to gradually get more credibility," Eurozone ministers said.