Tuesday, June 7, 2011

Lagarde Says Size of Greek Rescue Package Undecided

Bloomberg
June 7, 2011

The size of a second bailout package for Greece hasn’t been decided yet, French Finance Minister Christine Lagarde said.

“There is no final number at this point in time,” she told reporters in New Delhi today. “The package will include privatization, voluntary private-sector involvement, an added rescue package that will be borne by the members of the euro zone, the IMF, and clearly the guidance of the European Central Bank.”


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