- Athens may seek €24B in a first tranche of bailout aid from international lenders in August to prop up its banks and repay its debts, Greece's Avgi newspaper reports.
- The funds would be used to channel €10B as an initial recapitalization to domestic banks, €7.16B to repay an emergency bridge loan, €3.2B toward Greek bonds held by the ECB and other payments.
- Athens also plans to open its stock exchange tomorrow, after five weeks of closure.
- Greek banks: OTCPK:ALBKY, OTCPK:BPIRY, OTCPK:EGFEY, NBG
- ETFs: GREK
Greece aims for €24B in first tranche of new aid
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Alpha Services and Holdings S.A. |