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Greece is giving $1.6 billion to its austerity-weary citizens

Greek debt crisis: Can you spot the difference?
Greek debt crisis: Can you spot the difference?

Cash-strapped Greeks are getting an early Christmas present.

Greece will distribute over €1 billion ($ 1.2 billion) in surplus government funds to families and pensioners that have been hit by austerity, according to Prime Minister Alexis Tsipras. Another €360 million ($ 422 million) will go to the Public Power Corporation to help ensure that energy prices don’t go up in 2018.

Latest financial news – CNNMoney.com

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