Eurozone formally approves second Greek bailout

Press TV

March 14, 20112

Eurozone countries have finally approved the second 130 billion euro financing package for Greece, which would save the country from going bankrupt in the short run.

“Euro area member states have today formally approved the second adjustment program for Greece,” Luxembourg Prime Minister and the chairman of the eurozone finance ministers, Jean-Claude Juncker said in a statement on Wednesday.

Juncker said that the European Financial Stability Facility (EFSF) has been authorized by eurozone governments to release a “first installment” of 39.4 billion euros to Greece under the scheme, to be disbursed in several tranches.

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Comment by Charles Magus on March 15, 2012 at 2:24pm

Meant to say wanting, not want

 

Comment by Charles Magus on March 15, 2012 at 1:17pm

They are assholes trying to keep the sytem running until they are ready to collapse it!  The Bastard Criminal Rothschild banksters are want to take everything away from the Greek people through debt!  It is a f*#%ing Scam!  End Usury and the Rothschild empire will fail!!!

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