Pounds 95bn Greek Bail-Out

Daily PostMay 03, 2010

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Summary


FINANCE ministers from the 16 eurozone nations have signed off on a joint rescue plan for Greece with the International Monetary Fund that amounts to 110bn euros (pounds 95bn) over three years.

The loans are aimed at keeping the financially struggling country from defaulting on its debts and dealing a serious blow to the shared euro currency.

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Pounds 95bn Greek Bail-Out

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