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Schaeuble says IMF to give €23 billion to Greece

German finance minister Wolfgang Schaeuble said the International Monetary Fund plans to offer Greece €23 billion in aid.

21st February, 2012
2
“Everybody understood that this was the moment of truth,” said Belgian Finance Minister Steven Vanackere.

German finance minister Wolfgang Schaeuble said the International Monetary Fund plans to offer Greece €23 billion in aid.

The sum includes €13 billion under the second bailout for Greece plus €10 billion left over from the first rescue programme, Schaeuble said in comments reported by Bloomberg News.

Earlier the finance minister said he’s “very confident” that Berlin will approve the second bailout package for Greece after euro zone finance ministers completed negotiations in Brussels....

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