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Mar 15, 2012, 10.05 PM IST

IMF approves 28bn euro rescue loan for Greece

The International Monetary Fund on Thursday approved a 28 billion euro bailout for Greece.

Source: Reuters
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IMF approves 28bn euro rescue loan for Greece
The International Monetary Fund on Thursday approved a 28 billion euro (USD 36.7 billion) bailout for Greece, part of a broader international rescue package for the debt-strapped nation.


The IMF said it would immediately disburse 1.65 billion euros to Athens.


Tags: International Monetary Fund, Gre, bailout
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