Tag Archives: Breaking: Greece To Get New €8.5 Bn Euro Aid Tranche To Avoid May Default

John Ward – Breaking: Greece To Get New €8.5 Bn Euro Aid Tranche To Avoid May Default – 27 March 2014

JohnWUS Embassy sources in Athens confirmed to The Slog tonight that a new sum around €8-8.5bn will be handed over to the Greek Government in the next five weeks to enable it to avoid the May 21st default exclusively predicted here on January 17th this year.

I have no more detail beyond this, and so will stick to these four pertinent observations:

1. Cyprus was raped by the EC last year because of a debt sum just €3.5bn larger than this one.

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