World

Greece secures next bailout tranche

Greece's European creditors agreed to give the cash-strapped country the next batch of money due from its bailout and outlined a series of debt relief measures they hope will foster growth.

Jeroen Dijsselbloem, the eurozone's top official, said Greece has been cleared to get 8.5 billion euros ($9.5 billion), which will allow it to meet a big repayment hump this July.

Greece-Israel-Cyprus trilateral Summit end with Greek, Israeli, Cypriot leaders’ statements

“Greece is gradually emerging from an extended crisis with the aid of countries, which in collaboration with Greece, look forward to stability and security in the wider region, as well as common steps of progress”, Greek PM Alexis Tsipras said in a statement after the Greece-Cyprus-Israel Trilateral Summit in Thessaloniki on Thursday. Mr.

EC: Serbia expected to see stable growth over next two years

BRUSSELS - The European Commission expects Serbia's economic growth to stabilise over the next two years as, in 2016, the economy expanded 2.8 pct faster than expected.

This is one of the conclusions of a yearly overview and country assessments of 2017-2019 Economic Reform Programmes of the Western Balkan countries and Turkey, issued by the European Commission.

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