Eurozone Finance Ministers approve disbursement of €640 million to Greece

The 19 Eurozone Finance Ministers approved the disbursement of €640 million euros to Greece from the profits of the ECB and central banks of the Eurozone from Greek bonds.

The total benefit from the installment, along with debt relief measures, amounts to €748m. Today’s decision is based on the Commission’s May 20 report, which ruled that Greece had responded to its commitments to reforms under the enhanced post-memorandum oversight, in view of the special conditions brought about by the coronavirus pandemic.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: pixabay.com

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