Greece yet again have been bailed out of their economic misery by the European Union money chiefs with billions of euros

European headquarter's building

Greece have been bailed out again from their economic misery after receiving billions from EU money chiefs, this is another one of the many times the EU has come to Greece rescue.

After already receiving €33.5billion from Eurozone, Greek government again will be receiving another €1.1 billion in EU cash.

Greece financial problem is always something the whole Eurozone are worried about.

Brussels Leaders

The bailing out announcement came after Brussels leaders made it clear that Athens is sticking to its strict "15 milestone" plan to get back on an even economic kilter following the country's devastating financial meltdown in 2009.

There will be another €1.7billion that will be received by Greece at the end October if all the data showing that the economy is succeeding in measures forced upon it by the EU.

According to the EU spokesperson: Greece would have been handed over the whole of the €2.8billion but due to technical reasons it could not be done.

Releasing €1.1billion is "an important step", according to the commissioner in charge of European economic affairs, Pierre Moscovici.

He said: "It also opens the door for the second review to start. We must go on to try build a success story with Greece. And Greece is on the right path."

Greek Prime Minister, Alexis Tsipras

Chairman of the Euro-group of Eurozone finance ministers, Jeroen Dijsselbloem, said "it takes time" to collect such data but added “we are fully confident that it will be fine".

A statement from the Greek finance ministry said: "The €1.7billion tranche will be disbursed at the next ESM meeting, when official data for September will confirm that we are well above our target (on state arrears)."