Terms of EU Support for Greece
Posted on April 12, 2010 at 09:18 AM EDT
The euro has strengthened significantly over the past 24 hours as EU officials finalize a prescription for Greece. Here are the details: 1) bilateral loans from European governments for 3 years 2) up to €30bn lending by euro area members states for the first year, in addition to the IMF’s contribution (€12.5 to 15bn reportedly) 3) [...]