Under the plan, countries in the Eurozone will provide up to 30 billion euros in loans in the first year, while the IMF will contribute ten billion euros. "The moment has come," said Greek prime minister George Papandreou . He stated that it is "a national and pressing necessity for us to formally ask our partners for the activation of the support mechanism, which we jointly created in the European Union." The prime minister added that "several days will pass before money can start being drawn."
Under the plan, countries in the will provide up to 30 billion euros in loans in the first year, while the IMF will contribute ten billion euros. "The moment has come," said Greek prime minister . He stated that it is "a national and pressing necessity for us to formally ask our partners for the activation of the support mechanism, which we jointly created in the European Union." The prime minister added that "several days will pass before money can start being drawn."
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Eurozone
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George Papandreou