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EU delays bailout payment to Greece

Nov. 10, 2015 4:36 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor
  • Greece and its European creditors have run into a dispute over Athens' new bailout program, triggering a delay to an aid payment and raising questions over whether the government is returning to tactics that embittered relations with Brussels earlier this year.
  • Eurozone finance ministers were scheduled to sign off on the €2B tranche at a Monday evening meeting, but ministers said a stand-off over repossession protections for homeowners would delay the payment for at least a week, and potentially longer.
  • ETFs: GREK

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