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IPFS News Link • European Union

Troika Offers Greece Third Bailout Program, Prepares Emergency Plan If No Deal

• zerohedge.com

GREEK CREDITORS OFFER EU15.5B OVER NEXT 5 MONTHS: HANDELSBLATT

ECB, IMF, EU OFFER GREECE 3RD AID PROGRAM: HANDELSBLATT

GREECE'S CREDITORS PROPOSE EU15.5B TIED TO AID DEAL: OFFICIAL

Here are the details, according to Bloomberg (citing an unnamed EU official):

EU creditor proposal foresees EU8.7b in EFSF funds: official

Creditor proposal foresees EU3.3b in SMP profits: EU official

 Creditor proposal foresees EU3.5b in IMF funds: EU official

If true, this would mark a dramatic about-face for the IMF which had suggested it would not be interested in participating in a third Greek program. Similary, lawmakers in Berlin have voiced their opposition to a third bailout program for Athens as the German public has grown tired of throwing money at the Greek 'problem.'


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