Tag: EU

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Greece To Get New €130B Bailout

Greece was in trouble because it took on too much debt.

But other countries have agreed to help Greece by lending the country more than 130-billion euros. Euros (€) are the units of money used in 17 countries in Europe including Greece, France and Germany.

The countries that have agreed to bail Greece out of its money problems are demanding something in return. They are insisting that the government of Greece spend less.