Greece may seek up to 24 billion euros in first new aid tranche


ATHENS: Greece may seek 24 billion euros in a first tranche of bailout aid from international lenders in August to prop up its banks and repay debts falling due at the European Central Bank, a pro-government Greek newspaper said in its early Sunday editions.

Athens is now in talks with the European Commission and the International Monetary Fund to secure up to 86 billion euros (US$94.48bil) in bailout aid. It will be its third bailout since 2010.

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Business , Greece , bailout , ECB , economy

   

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