Saturday, February 20, 2010

Bailout

Up to 25 billion euros in aid mulled for Greece: report

Germany's finance ministry has sketched out a plan in which countries using the euro currency will provide aid worth between 20 billion and 25 billion euros ($27-$33.7 billion) for Greece, a magazine reported on Saturday. Citing "initial considerations" by the ministry, German weekly Der Spiegel said the share of financial aid for Greece would be calculated according to the proportion of capital each country holds in the European Central Bank.

Posted by devo @ 03:04 PM (991 views)
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