€6.8bn to save Greece from default, while France invests in the future – BUSINESS BULLETIN
Greece’s international lenders have agreed to pay the next instalment of its bailout loan, worth €6.8bn. The first payment will be made this month to help Athens avoid default on debts due to be paid back in August. The French government, meanwhile, is set to announce details of its €10bn ‘future investment’ plan, but can it afford to spend more as the budget deficit continues to rise? Plus — a new owner for London’s ‘Inside Out’ building. Stephen Carroll has today’s business round-up.
07/09/2013 BUSINESS BULLETIN:
Troika agrees loan payment for Greece
Markets — including a new CEO at Royal Dutch Shell
French Prime Minister to unveil details of ‘future investment’ plan
UK could jail ‘reckless bankers’
70 companies agree to inspect conditions at their factories in Bangladesh
Barnes & Noble CEO resigns
Marks & Spencer sales on the up
Chinese firm Ping An buys Lloyds of London building.
07/09/2013 BUSINESS BULLETIN
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