Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Greece to get another 8 bln euros in bailout *PIC*

Greece to get another 8 bln euros in bailout (by Shawn Langlois)

SAN FRANCISCO (MarketWatch) -- Greece will reportedly receive 8 billion euro ($11 billion) in the six tranche of its first bailout package and will begin working on the new rescue deal if the troubled country's leaders can commit to the terms. Without the payment, which has been delayed for two months, Greece would potentially default as early as next month. Meanwhile, eurozone ministers, in an effort to bolster emergency funds, are working to raise the 440 billion euro European Financial Stability Facility to 1 trillion euro by seeking outside investors and insuring bonds from the more unstable countries in the eurozone, like Italy and Spain.