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Eurozone, IMF strike deal on Greek aid package

May 25, 2016 2:18 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor16 Comments
  • In an agreement announced early Wednesday, Greece won additional pledges of debt relief, but nothing substantial until 2018 at the earliest, and only then if it continues to carry out the painful reforms it agreed to over the weekend.
  • Eurozone finance ministers and the IMF also gave a green light for the next round of aid for Athens, including €10.3B in fresh loans, starting with a €7.5B installment in the second half of June.
  • ETFs: GREK

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