Sunday, May 9, 2010

The IMF approved an allocation of 30 billion euros in Greece



The International Monetary Fund (IMF) approved an allocation of 30 billion euros in Greece of credit, reports Reuters referring to the statement the IMF.
This decision was taken on Sunday, May 9, at the special meeting of the IMF in Washington.
Credit will be issued separate tranches over three years.The main conditions for obtaining this loan are cost reduction and profit improvement budget.
  
The EU stands ready to provide financial assistance to GreeceAnother approximately $ 80 billion will be allocated to EU countries outside the euro zone, which finally approved the plan this week. 

The Source: RIA Novosti, BBC, Radio Liberty

No comments:

Post a Comment