Value Investing World

Monday, July 23, 2012

Berlin, IMF To Refuse Fresh Aid for Greece

Found via The Big Picture.

Greece has fallen behind with its budget cuts and is asking lenders for more time to meet the conditions of the 130 billion euro aid package. But that would require fresh help of up to 50 billion euros, SPIEGEL has learned. Neither Berlin nor the IMF are prepared to make that money available.
Joe at 7/23/2012
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