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IMF said to limit exposure to Greece at 30 bln euros after new loan

From ekathimerini.com

The International Monetary Fund will seek to keep its exposure to Greece under a new bailout package at 30 billion euros ($39.8 billion), including money still owed from a previous loan, an IMF official said. IMF Managing Director Christine Lagarde has indicated that the funds credit to Greece after the second loan will remain at the maximum available under a 30 billion-euro loan agreed in 2010, said the official, who spoke to reporters in Washington Wednesday on condition of anonymity. About 10 billion euros of the first loan hasnt been disbursed, the official said. The IMF has yet to announce its share of the 130 ... (full story)

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