EU agrees Greece can get next loan tranche

BRUSSELS: Greece has done all the reforms in the a first package of measures agreed with eurozone creditors, which paves the way for Athens to get the next tranche of loans, the head of eurozone finance ministers Jeroen Dijsselbloem said.

Greece is getting very cheap loans form the eurozone bailout fund ESM under its third bailout agreement in exchange for putting its public finances in order and reforming the economy to make it more efficient and competitive.