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imf, greek debt crisis
(Image from article: "Greece Reaches Deal for Rescue Package")

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Greek Debt Crisis Topics

IMF approves $40B loan for Greece

The International Monetary Fund on Sunday approved a 30 billion euro ($38.6 billion) loan for Greece as part of a larger European Union-led effort to help ease the country's economic crisis.

 

Greece's Costs Exceed Bailout

The $147 billion, three-year bailout offered to Greece by euro-zone countries and the IMF won't be enough to cover Greece's costs, an examination of Greek financial figures shows.

 

Greece Reaches Deal for Rescue Package

Greece Reaches Deal for Rescue Package

Greece reached agreement with the European Union and the International Monetary Fund on rescue loans to keep Athens from defaulting on its debts, a deal that will impose harsh cuts on the county's 11 million people for years.

 

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