Thursday, July 7

Euro-zone are important Greek aid rate

BRUSSLES - euro-zone Finance Ministers say that Greece achieve a vital loan rate from July 15, will continue work on a second rescue mission for the struggling country.

The Ministers signed off their portion of the euro12 of billions (17.39 billion$) loan tranche in a conference call Saturday night. The International Monetary Fund to approve its share of the loan next week.

The Ministers also reaffirmed that she would continue to assist Greece of the euro110 billion loan package granted last year, but a final decision on the new aid plan left, found out the involvement of banks and other private creditors.

She said "the exact modalities and extent of participation of the private sector, and additional funding from official sources be fixed in the coming weeks."

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