Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

File photo of a Greek presidential guard stands framed bythe remains of a European Union flag half-burnt by protesters in Athens Petros Giannakouris/AP/PA

Greece to receive €6.8 billion rescue fund

Out of the total, €5 billion will come from Europe and €1.8 billion will be put up by the IMF.

EUROZONE FINANCE MINISTERS agreed today to release €4 billion in fresh aid to Greece “in the coming weeks” as part of a second bailout programme.

Some €2.5 billion will come from the eurozone rescue fund and €1.5 billion from European central banks, the ministers said in a statement issued after a meeting of the 17-nation Eurogroup.

On top of these payments, likely to be made this month, another €500 million from the eurozone rescue fund plus €500 million from central banks would follow in October. The International Monetary Fund will also put up €1.8 billion, bringing the overall total to €6.8 billion.

The payments were subject to certain conditions being met, said Eurogroup chief Jeroen Dijsselbloem.

Eurogroup said that while it recognised that the country’s programme is “broadly on track”, it stressed in a statement that “significant further work is needed over the next weeks to fully implement all prior actions required for the next disbursement”.

“Especially, the required reforms of the public administration will need to be carried out so as to increase the efficiency of the public sector while it is being steadily downsized, and further efforts are needed to improve tax revenue collection,” it added.

- Additional reporting by Michelle Hennessy.

Read: Eurozone ministers to decide if Greece should get bailout money>

Rewind: A look at what the Anglo Tapes have meant for Ireland

Read: Cyprus launches criminal investigation into banking crisis

Author
View 14 comments
Close
14 Comments
    Install the app to use these features.
    Mute Keith Wizzy
    Favourite Keith Wizzy
    Report
    Nov 13th 2013, 11:30 PM

    Fair fooks to all involved. Ashamed to say I’d not known it was on.

    125
    Install the app to use these features.
    Mute Rob Cunningham
    Favourite Rob Cunningham
    Report
    Nov 14th 2013, 12:10 AM

    When is the next one?

    40
    Install the app to use these features.
    Mute Bobby
    Favourite Bobby
    Report
    Nov 13th 2013, 11:42 PM

    What a great city

    71
    Install the app to use these features.
    Mute Gerard McCarthy
    Favourite Gerard McCarthy
    Report
    Nov 14th 2013, 1:18 AM

    Was there only one photographer in dublin, couldn’t have got a pic outside Dublin no? Typical!! Not to put dampener on it as was great cause fair play to those who ran, just a gentle reminder to media life exists outside of DUBLIN!!!!

    48
    Install the app to use these features.
    Mute Derek Gannon
    Favourite Derek Gannon
    Report
    Nov 14th 2013, 1:25 AM

    G’wan the chip on the shoulder. . . .

    79
    Install the app to use these features.
    Mute Gerard McCarthy
    Favourite Gerard McCarthy
    Report
    Nov 14th 2013, 1:52 AM

    Feckin dubs ha!!

    20
    See 2 more replies ▾
    Install the app to use these features.
    Mute Cian Hulm
    Favourite Cian Hulm
    Report
    Nov 14th 2013, 2:03 AM

    Does it really?

    10
    Install the app to use these features.
    Mute Derek Gannon
    Favourite Derek Gannon
    Report
    Nov 14th 2013, 2:03 AM

    Ah sure we’re all friends. . . I’m sure there will be photos of the cork run somewhere tomorrow.all the journalists on the score.ie are too busy trying to come up with more Roy keane articles for us then to worry about the night run anywhere else!!

    24
    Install the app to use these features.
    Mute Dominique Lavin
    Favourite Dominique Lavin
    Report
    Nov 13th 2013, 11:55 PM

    Well done to everyone involved in this including my amazing brother in law Gary Seery all the running for such good causes :)

    43
    Install the app to use these features.
    Mute Mark Doran
    Favourite Mark Doran
    Report
    Nov 14th 2013, 5:57 AM

    Ran the race last night, had a great time :) thanks to all the organisers & volunteers for their free time & support. Well Done to all all over the Country & further a field.

    40
    Install the app to use these features.
    Mute Fecky Din
    Favourite Fecky Din
    Report
    Nov 13th 2013, 11:54 PM

    Saw one of these in Vienna a couple weeks ago..really cool idea

    30
    Install the app to use these features.
    Mute peter gaffney
    Favourite peter gaffney
    Report
    Nov 14th 2013, 5:58 AM

    Should be ran in the phoniex park.

    8
    Install the app to use these features.
    Mute Daniel Dunne
    Favourite Daniel Dunne
    Report
    Nov 14th 2013, 4:32 PM

    Except for the lack of street lighting away from Chesterfield Avenue, it’s a nicer run but not practical for a run in the dark.

    1
    Install the app to use these features.
    Mute Caroline Farrell
    Favourite Caroline Farrell
    Report
    Nov 14th 2013, 2:46 PM

    I ran in Kilkenny with some friends.lovely night for it

    4
    Install the app to use these features.
    Mute peter gaffney
    Favourite peter gaffney
    Report
    Nov 15th 2013, 1:36 AM

    The reason i was suggesting it should be ran in the park is for a number of obvious reasons.
    Free traffic congestion
    Free parking where ever you want.
    Free lighting (generatated lighting).
    Don’t get me wrong i agree with the purpose of the run for charities and all that and i salute everybody that run’s the race…..just think its more of a suitable place.

    1
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds