Europe approved Friday fresh funding to keep debt-stricken Greece afloat for another while as ministers tried to overcome "disastrous" divisions on how to resolve the eurozone debt crisis.
Eurozone ministers agreed the first step in efforts to tame a crisis now threatening a fresh global recession, clearing their 5.8-billion-euro contribution to 8.0 billion euros of Greek aid blocked since mid-September.
With the crunch issue being what to do about Greece's unsustainable overall 350-billion-euro debt mountain, the International Monetary Fund now has to sign off on its 2.2-billion-euro sh
For more: AFP: Europe agrees to Greek loan
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