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Greece to receive 5.2 bn euros in bailout loans Thursday: EU

AFP, Wednesday 9 May 2012
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Greece will receive a 5.2-billion-euro tranche of bailout loans as anticipated on Thursday, despite rising uncertainty over the country's political future, the European Commission said.

"The payout will take place because it has already been approved," Amadeu Altafaj, spokesman for European Union economy commissioner Olli Rehn, told AFP by telephone on Wednesday.

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