Forex Blog

March 23, 2010

Germany Says IMF Must Be Part of Greek Solution

Germany released a number of conditions it says must be met before it would be willing to contribute direct aid to Greece. These conditions include:

  • the International Monetary Fund (IMF) must make a “substantial contribution” to any rescue package
  • Greece would be prevented from borrowing from credit markets
  • EU must implement further “instruments” to prevent EU-member states from running up massive debts in the future

Source: Reuters

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Germany Says IMF Must Be Part of Greek Solution

Germany released a number of conditions it says must be met before it would be willing to contribute direct aid to Greece. These conditions include:

  • the International Monetary Fund (IMF) must make a “substantial contribution” to any rescue package
  • Greece would be prevented from borrowing from credit markets
  • EU must implement further “instruments” to prevent EU-member states from running up massive debts in the future

Source: Reuters

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by Efacilitators Hosting