GREECE TO GIVE A SIGH OF RELIEF

The International Monetary Fund has ratified the unleashing of 28 billion Euros to Greece.

Greece to give a sigh of relief
Posted 16.03.2012 09:46:22 UTC
Updated 16.03.2012 10:50:36 UTC

A statement made by the IMF says that the Executive Board endorsed to extend a loan of 28 billion euros to Greece as part of the second bailout package of 130 billion Euros prepared for Athens jointly by the EU and the IMF.

The 1,65 billion euro portion of the loan will be unleashed right away.