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The European Central Bank plans to make a decision Thursday on whether to increase the level of so-called emergency liquidity assistance it provides to Greek lenders.

The third bailout for Greece that was agreed upon in the eurozone and euro summit agreements last week in Brussels- and approved by the Greek Parliament, call for €86 billion in new loans for Greece and assumes some of the financing from the worldwide Monetary Fund.

Greece’s banks have been closed since June 29, a day after the ECB froze its Emergency Liquidity Assistance.

ATHENS, Greece (AP) – Greek lawmakers began another emergency debate Wednesday on further economic reforms demanded by worldwide creditors in return for a new bailout – a vote that could threaten the survival of the coalition government and trigger fresh fears over...

WASHINGTON Greece has repaid its arrears to the worldwide Monetary Fund, worth about 2 billion euros ($2.17 billion), IMF communications director Gerry Rice said on Monday. However, restrictions on transactions and cash withdrawals remain in place, RFE/RL reports.

Greece’s banks reopened on Monday after being shut for three weeks, although most of the capital controls remained in place.

Greece has made an overdue payment of €2 billion to the worldwide Monetary Fund (IMF), allowing itself to come out of arrears.

He said that the issue of Greece’s debt sustainability will “certainly” be part of the bailout negotiations.

WASHINGTON Greece has repaid its arrears to the global Monetary Fund, worth about 2 billion euros ($2.17 billion), IMF communications director Gerry Rice said on Monday.

For the past three weeks, Greeks have been waiting in line at cash machines to withdraw a maximum of €60 (£41) a day, a restriction imposed amid fear of a run on the banks.

Bremmer’s outlook on the IMF’s ability to support the deal is related to the International Monetary Fund report last week that said Greece would need debt restructuring, something the current bailout isn’t explicitly contemplating.

The package of measures, which had to be approved to open talks on a new multibillion euro bailout, was passed with 229 votes and 64 against in the 300-seat chamber.

The Greek parliament has approved tough new austerity measures as part of a new bailout deal.

Germany’s finance minister says the Greek Parliament’s approval of an austerity package is “an important step” but is warning that talks on a final bailout deal will be tough – and that an outright debt cut would be incompatible with Greece keeping...

Following an emotional debate and early-morning vote, the country’s parliament approved a raft of austerity measures that its global creditors had demanded as a first step before negotiating a final rescue deal. A total of 64 MPs voted No and six abstained.