Markets News Afternoon: Shares rise in Europe and US; Greece gets first support advance from Eurozone governments
May 18th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; Today the Greek Government received the amount of €14.5bn from the European Commission through the European Central Bank. Today's release together with the amount of €5.5bn disbursed on May 12 by the International Monetary Fund (IMF) cover the first tranche of €20bn in the support mechanism totaling €110bn for Greece agreed with Eurozone and the IMF under the three-year economic and financial policy program.