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09 May 2010 20:29

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World: Greece gets the first part of that massive aid package of theirs

  • $38.6B
    will get loaned to Greece over the next three years by the IMF
  • $7B
    hits the country’s coffers as of right now; the rest comes later
  • $141B
    was offered to the country in an aid package accepted last week source
  • ยป Will this improve the country’s dismal state? It’ll improve the global market most likely but won’t ease tensions among its citizens. The extremely unpopular austerity measures were a condition of the aid package they got from the IMF, European Central Bank and European Commission. So they’re not going away, kids.