The eurogroup approves 7.5 Bn in aid to Greece

FXstreet.com (San Francisco) - The eurogroup has approved €7.5 billion in aid payments to Greece according to recent news. The first tranche will be disbursed immediately. However, the second will be delivered after Troika's conditions to be met.

The Troika will monitor Greece on next steps and the developments in October. Earlier on the day, the Prime Minister Samaras said the Troika has stopped its quarterly visits. Samaras also said that Greece won’t need any more bailouts.