EU/IMF/ECB Says Greece Will Receive Next Tranche of Funds
June 3, 2011
Sign Up to Receive an Email Alert when Flash Headlines are Published
Headline Alert
EU/IMF/ECB Says Greece Will Get Cash
Reuters is reporting that the Troika of the EU, the IMF and the ECB has said that the next tranche of bailout funds for Greece is expected to be available in July.
EU/IMF/ECB also said that Greece achieved significant progress, fiscal, structural reforms must be stepped up. EU/IMF/ECB expects the economy to stabilize at the turn of the year.
"Overall, significant progress, in particular in the area of fiscal consolidation, has been achieved during the first year of the adjustment program," according to the statement provided Friday.
The news has led to a surge in the Euro and a rally in stocks here in the U.S.
CurrencyShares Euro - Last 12 Month
iShares EU - Last 12 Month
Remember, you are in control your email alerts! You can receive alerts for up to 25 free research report alerts including:
-
FLASH Headline Alerts: Get an executive summary of the really important market-moving headlines
-
The “10.0” Report: These are the REAL Best of Breed companies
-
The Insiders Report: Want to know which stocks Corporate Insiders are buying heavily?
-
ETF Leaders Report: Don’t Miss TSP’s Weekly ETF Leaders Report
-
TSP’s Daily TopStock Focus List: It’s Your Own Private Research Department
- TopStock Chart of the Day: Our free daily stock pick highlights one of our favorite TopStocks that also presents a good entry point at the present time.
To Add or Remove email alerts, simply Login to Your Portfolio and click on Email Alerts
