Pages

Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, August 10, 2015

IMF believes Greece needs third bailout worth 90 billion euros

BERLIN (Reuters) - The International Monetary Fund (IMF) thinks Greece needs a third bailout worth around 90 billion euros ($98.9 billion), Germany's Handelsblatt reported on Monday, citing high-ranking EU diplomats. The paper said the IMF believed Greece's creditors needed to increase the size of the future bailout due to a recession in Greece. Up until now, it had been expected that Athens would receive up to 86 billion euros in fresh loans. (Reporting by Caroline Copley)


READ THE ORIGINAL POST AT uk.news.yahoo.com