Eurogroup OKs funding release for Greece


Tens of thousands of Greek civil servants went on strike on July 8 after it was announced they would be included in a so-called mobility scheme they fear will lead to lay-offs

More civil servant lay-offs to come

After a flurry of last minute negotiations, Greece secured it would receive installments of the rescue package that is keeping its economy afloat at a meeting of eurozone finance and economy ministers on July 8.

Greece's creditors approved the release of €6.8bn over the next few months, but imposed strict conditions. The country has to sticks to the agenda of cuts and reforms it has agreed in return for the bailout loans — including the firing of more than 10,000 civil servants by the en...

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