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Greece needs 71 bn euros in new EU aid
[Straits Times]  GREECE needs an additional 71 billion euros (S$122 billion) in European Union...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... aid and 33 billion euros from private creditors to weather its debt crisis, the International Monetary Fund (IMF) said on Wednesday. The IMF, in a report on the state of its massive loan to Athens, said it intended to continue its financing, but predicted a deeper 2011 recession than previously thought in Greece, with the economy contracting 3.9 per cent. Posted by: Fred 2011-07-14 |
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