Reuters
June 8, 2011
The European Union and the International Monetary Fund are preparing a second bailout package for Greece to give the debt-ridden country more time to put its finances on a sustainable path.
Talks are more complicated than a year ago because of reform fatigue in Greece and "solidarity fatigue" in several euro zone countries, which want to see private investors help this time.
Below are some of the main ideas now under consideration.
WHEN WILL THE NEW PACKAGE BE READY
Policymakers aim to have a deal ready in time for a June 20 meeting of EU finance ministers.
WHAT WILL GREECE DO IN RETURN FOR MORE LOANS?
Greece has agreed to 6.48 billion euros worth of extra austerity measures for this year and more savings up to 2015 to cut deficits, a lenders' document obtained by Reuters shows.
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