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Europe Daily Bulletin No. 10897

27 July 2013
ECONONOMY - FINANCE - BUSINESS / (ae) greece
Aid plan financing gap manageable but far from managed

Brussels, 26/07/2013 (Agence Europe) - The unused portion of cash for recapitalising Greek banks does not look at the moment as if it will be enough to fill the gaps in financing the Greek structural adjustment programme, said a European source on Friday 26 July, indicating that a funding gap of €3.8 billion would emerge in 2014, but adding that the plan was fully financed until the end of July 2014.

In the autumn, as is standard practice, the International Monetary Fund (IMF) will demand...