Pages

Wednesday, April 2, 2014

Greece can use bank rescue cushion to avert new bailout -source

Greece wants to use some 11 billion euros ($15 billion) left in its EU bank rescue package to meet upcoming needs and avoid a new bailout loan, a government source said on Wednesday. "The 11 billion euros can keep Greece from needing a third loan," a Greek finance ministry source said on the sidelines of a two-day Eurogroup meeting in Athens. A sum of 50 billion euros from Greece's EU rescue ...

READ THE ORIGINAL POST AT en-maktoob.news.yahoo.com