-
Eurogroup Agrees To Disburse €7.5BN To Greece Which Will Be Used To Repay Creditors
Once upon a time, markets trembled when Greek bailout implementation headlines were announced, which is what just happened if slightly ahead of our forecast schedule... ... and this time nobody cares. Well maybe the Greeks do, but by now even they realize that most of the "money" they receive will be used to repay creditors and especially the ECB, and they will see virtually none of it. So, for them, or anyone else who cares, here are the key headlines and details as they come in. Few surprises from what had been leaked previously. EUROGROUP MEETING ENDS, DEAL ALLOWS LOAN DISBURSEMENT EU DIJSSELBLOEM: REACHED ... (full story)