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| Europe |
| Deal reached on financial aid to Greece |
| 2010-03-26 |
| [Iran Press TV Latest] While the European Union member states meet in Brussels, France and Germany have reached a deal on a financing plan to help debt-ridden Greece. Officials in Brussels say the aid package, which includes help from the International Monetary Fund, will total EUR 23 billion. "The plan meets our requirements fully ... we agree," Greek government spokesperson George Petalotis told reporters in Brussels on Thursday. When asked if all euro zone countries were ready to sign up to the agreement, Petalotis said, "Yes, they have agreed." News of the deal broke as leaders of the 27-member block have gathered for a two-day summit in Brussels. So far, the euro zone has avoided seeking an IMF loan for Greece as it prefers a European solution to the problem in order to maintain global confidence in the euro. Greece has one of the highest budget deficits in Europe. |
| Posted by:Fred |
| #5 So, how long until it's all gone? Depends on the level of graft, I'd give it a week or two. |
| Posted by: Redneck Jim 2010-03-26 19:42 |
| #4 So, how long until it's all gone? |
| Posted by: g(r)omgoru 2010-03-26 14:47 |
| #3 23,000,000,000 euros is a big chunk for a country with only 11,000,000 people. |
| Posted by: rwv 2010-03-26 13:08 |
| #2 "We're going to Greece!" "And swim the English channel?" "No, no - to ancient Greece, where burning Sappho lived and loved and drank the wine-dark sea, in the temple by the moonlight, la-de-doo-da..." -- The Further Adventures of Nick Danger, Third Eye |
| Posted by: mojo 2010-03-26 12:10 |
| #1 23 billion? Is it anything more than just symbolic? |
| Posted by: g(r)omgoru 2010-03-26 03:39 |