Greece has today received first 20 billions euros of financial aid

Euro is going to be saved

In brief: Greece has been on the right way to fight the recession.

European Commissioner for Economic and Monetary Affairs Olli Rehn said that Greece has received the first tranche of financial aid. Thus, 14.5 billions euros eurozone countries have provided and 5.5 billions euros have come from International Monetary Fund (IMF).

Remind, that on May, 2, the minister of finances of eurozone countries accepted financial aid to Greece until the year 2012 of 110 billions euros. Yesterday while assembly of eurozone countries’ representatives, the Prime-minister of Luxembourg Jean-Claude Juncker reported that Greece has been on the right way to fight the recession. In spite of European currency collapse, members of eurozone consider that financial markets will not succeed in destroying eurozone.

Maria Velikanova
2010-05-18 09:07, Economics.

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