page_title: First Economic Adjustment Programme for Greece
hierarchical_section_title: First Economic Adjustment Programme for Greece
caption_attribution_description: English: Greece Uprising. Image of the Syntagma square garden. 100.000 people gathered at the centre of Athens on Sunday, 29/5/2011. It was the first day of the people's protest against IMF in european cities. Русский: Массовый протест (100 тыс. человек) против жёстких мер экономии перед парламентом Греции в Афинах, 29 мая 2011 г.
context_page_description: The First Economic Adjustment Programme for Greece, initially called the Economic Adjustment Programme for Greece and usually referred to as the first bailout package or the first memorandum, is a memorandum of understanding on financial assistance to the Hellenic Republic in order to cope with the Greek government-debt crisis.
  It was signed on 3 May 2010 by the Greek Government under then-prime minister George Papandreou on one hand, and on the other hand by the European Commission on behalf of the Eurogroup, the European Central Bank and the International Monetary Fund.
  Of the totaling €107.3 billion of financial assistance, €72.8 billion were disbursed by 1 March 2012, when the programme was superseded by the Second Economic Adjustment Programme for Greece comprising the undisbursed amounts of the first programme and additional €130 billion for the years 2012–14.
context_section_description: The First Economic Adjustment Programme for Greece, initially called the Economic Adjustment Programme for Greece and usually referred to as the first bailout package or the first memorandum, is a memorandum of understanding on financial assistance to the Hellenic Republic in order to cope with the Greek government-debt crisis.
  It was signed on 3 May 2010 by the Greek Government under then-prime minister George Papandreou on one hand, and on the other hand by the European Commission on behalf of the Eurogroup, the European Central Bank (ECB) and the International Monetary Fund (IMF).
  Of the totaling €107.3 billion of financial assistance, €72.8 billion were disbursed by 1 March 2012, when the programme was superseded by the Second Economic Adjustment Programme for Greece comprising the undisbursed amounts of the first programme and additional €130 billion for the years 2012–14.
caption: 100,000 people protest against the austerity measures in front of parliament building in Athens (29 May 2011).
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