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IMF frees $4.6 billion in aid for Greece

Last Updated: Saturday, May 31, 2014, 08:52

The Fund said the Greek government had surpassed targets on closing its budget gap.

Greece will require no further aid after bailout exit: PM

Last Updated: Monday, December 30, 2013, 23:08

Greece will exit its EU-IMF bailout agreement as scheduled in 2014 and will require no further loans, Prime Minister Antonis Samaras said on Monday.

Eurogroup: Greece may need further aid

Last Updated: Thursday, September 05, 2013, 22:35

Answering questions in the European Parliament here, Dijsselbloem said it was clear Greece's situation would remain grim despite recent progress, reports Xinhua.

IMF approves 1.7 bn euro loan payout to Greece

Last Updated: Tuesday, July 30, 2013, 09:31

On Friday, the 18-nation eurozone gave the green light for the release of 4.0 billion euros in bailout funds for Greece after it had met program conditions.

Eurozone ministers agree to unlock new aid for Greece

Last Updated: Tuesday, July 09, 2013, 09:21

Eurozone finance ministers have agreed to unlock billions of euros in fresh aid for Greece on condition it press ahead with urgently needed reforms.

Greece bailout, Portugal crisis top agenda at eurozone talks

Last Updated: Sunday, July 07, 2013, 23:00

The ministers will gather in Brussels for their last meeting before the summer break. International Monetary Fund chief Christine Lagarde is also expected to attend.

IMF admits deriving lessons from Greek bailout

Last Updated: Friday, June 07, 2013, 10:49

The International Monetary Fund ( IMF) said Thursday that lessons from the first bailout program for Greece have been internalised and the current rescue plan is " on track".

Eurozone approves $64 bn Greek bailout payment

Last Updated: Friday, December 14, 2012, 09:33

Eurozone finance ministers approved a 49.1 billion-euro ($64 billion) rescue package for Greece at their meeting Thursday, to keep Athens' debt-saddled economy afloat.

Greece to receive first tranche of bailout funds today

Last Updated: Thursday, December 13, 2012, 09:28

The EU had struck an agreement with the International Monetary Fund on a program to reduce Greek debt.

Greece launches bond buyback plan

Last Updated: Tuesday, December 04, 2012, 11:59

Greece will spend up to 10 billion euros (USD13 billion) to buy back its outstanding bonds at a steep discount, in a bid to cut debt and unlock much-needed bailout aid.

Cash-strapped Greece cuts government jets

Last Updated: Tuesday, August 28, 2012, 10:29

A government statement Monday said Prime Minister Antonis Samaras has instructed officials to transfer the biggest of the planes, a Brazilian-made Embraer, to the air force for use in pilot training.

Give Greece extra time: Austria

Last Updated: Monday, August 27, 2012, 08:59

The payback period for Greece should be extended for two or three years if the country sticks to the savings targets and reform plans, Austrian Chancellor Werner Faymann has said.