Eurozone Finance Ministers have approved a second bailout package for Greece, reports said citing statements by EU officials.
The bailout program involved financing worth EUR 130 billion. Meanwhile, Reuters said that the meeting agreed on a debt reduction target of 121 percent of GDP for the country by 2020.
The new bailout money would leave Athens with sufficient funds to repay a EUR14.5 billion bond due on March 20.
(Market News Provided by RTTNews)