Eurozone Ministers discuss long-term options for Greece as next bailout payment is released

Eurozone Ministers have come to an arrangement in order to unlock the latest installment of Greece's bailout funds, totaling €8.5B. This latest payout hopes to prop up the economy and avoid spiraling into another crisis in July when Greece’s next repayment to Troika is due. A Director for the International Monetary Fund (IMF) stated that she would propose an approval to her executive board however said that further clarity on long-term relief options for Greece would need to be discussed.

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