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Sunday, June 23, 2013

Greek aid could be held back

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Aid payments to Greece may be suspended by the International Monetary Fund due to a $4 billion to $5 billion shortfall in bailout funds. The IMF board may suspend the payments from July if they cannot make up a shortfall in financing to cover Athens' debts. Eurozone ministers have been told they will have to find a way to finance the money hole which has actually shrunk since Greece was ...

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