“The International Monetary Fund released 1.72 billion euros ($2.29 billion) in aid for Greece on Monday after completing a review of the country’s performance under the international rescue program. The latest disbursement means that Greece has received a total of roughly 8.24 billion euros ($10.94 billion) from the IMF under the bailout coordinated with the European Union and the European Central Bank in March 2012. Greece was first bailed out for 110 billion euros in 2010 but when that failed, got a second rescue worth 130 billion euros plus a private sector debt write-off totaling more than 100 billion euros.”
IMF approves 1.7 bn euro loan payout to Greece
- Post author:The Freedom Watch Staff
- Post published:July 30, 2013
- Post category:Network Archives
Tags: Austerity, Bailout Fail, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, Europe, for life and liberty, Mad Statists, Mainstream News, new world order, Resistance, sound money, The Freedom Watch
The Freedom Watch Staff
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