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الجمعة، 16 مارس 2012

IMF agrees to provide 28 million euros for Greece




Approved by the International Monetary Fund agreed to provide $ 28 billion euros (36.6 $ one billion Dolaromraki) to Greece as part of the bailout plan the second with the euro area which demands further austerity measures and further steps to control spending in Athens, this and has said the International Monetary Fund today that about 1.65 billion euros double checking immediately under the new arrangement, note that this loan which has a duration of four years was declared after the cancellation of the previous program, leaving it about 9.7 billion euros and especially that they are not yet sent them away.

It should be noted that Greece has made the biggest restructuring of sovereign debt at all in the world, in addition to approval of plans austerity high to avoid the specter of bankruptcy and get on the rescue package the second, which is estimated around 130 billion euros by the International Monetary Fund and fund the euro area .

Note that members of the euro area have been fabricated during this week to make the package second to the rescue of Greece and that contribute to the containment Tabaaat European sovereign debt crisis, on the other hand has praised Mr. Lombardi, First Vice-Chairman of the International Monetary Fund to the fact that "the main task of this Agreement is to contain the crisis in the next few months in order to provide a more stable environment for Italy and Spain for the implementation of amendments and Baltabaah achieve stability for the eurozone as a whole. "
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