Overcome Crisis, Yunani "Debt" The IMF

Overcome Crisis, Yunani "Debt" The IMF

Brussels : Belgium | May 10, 2010 at 7:40 AM PDT
Views: Pending
EU-IMF rescue for Greece approved faster than planned

Borrowing or debt proposal submitted by the Government of Yunani to the International Monetary Fund (IMF), finally approved. For this first stage, poured fresh money amounting to 30 billion euros. Total overall, the IMF granted loans amounting to 110 billion euros. Meanwhile, loans from several countries in Europe, some 140 billion.
In a press conference, in Brussels, Belgium, Sunday (9 / 5), IMF's First Deputy Director John Lipsky said the loan would be used to build the economy, overcoming the crisis and improve the structural reforms.

AriefJoe is based in Malang, Jawa Timur, Indonesia, and is a Reporter on Allvoices.
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