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Europe Daily Bulletin No. 10576

17 March 2012
Contents Publication in full By article 14 / 35
ECONOMY - FINANCES / (ae) greece
IMF to contribute €28 billion to second Greek bailout

Brussels, 16/03/2012 (Agence Europe) - The board of the International Monetary Fund has agreed to the suggestion of its director general, Christine Lagarde, that Greece should receive financial aid of €28 billion, €10bn of which will come from the loan to the first Greek bailout (which has not yet expired). The IMF has sharply reduced its aid from the first bailout to the second, providing a third of the €110bn total in the first aid package but less than a quarter of the €130bn...

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