Eu International Monetary Fund Loan Deal
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EU Officials Note Progress in Greek Bailout Talks, Deal Possible Next Week
Athens is negotiating with European Union institutions and the International Monetary Fund for up to 86 billion euros ($94 billion) in fresh loans to stave off economic collapse and stay in the euro zone.
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Greece to Submit Loan Request to Eurozone, Germany Resists
Greece will submit a request to the Eurozone on Wednesday to extend a "loan agreement" for up to six months but EU paymaster Germany says no such deal is on offer and Athens must stick to the terms of its existing international bailout.
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Greece Insists on Temporary Funding to Give Time for Reforms
The Greek government will insist in negotiations with its EU creditors on reaching a deal on temporary funding before it presents a long-term agenda for renegotiating the country's foreign loans, a government source said on Friday.
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EU Officials Note Progress in Greek Bailout Talks, Deal Possible Next Week
Athens is negotiating with European Union institutions and the International Monetary Fund for up to 86 billion euros ($94 billion) in fresh loans to stave off economic collapse and stay in the euro zone.
-
Greece to Submit Loan Request to Eurozone, Germany Resists
Greece will submit a request to the Eurozone on Wednesday to extend a "loan agreement" for up to six months but EU paymaster Germany says no such deal is on offer and Athens must stick to the terms of its existing international bailout.
-
Greece Insists on Temporary Funding to Give Time for Reforms
The Greek government will insist in negotiations with its EU creditors on reaching a deal on temporary funding before it presents a long-term agenda for renegotiating the country's foreign loans, a government source said on Friday.
