Whose Bailing Greece Out?

The U.S. is not forking out billions as rumors say. The U.S. involvement is fairly minimal, contributing about $3 billion compared to Germany’s $29 billion and France’s $22 billion. In all 15 euro-zone governments are dishing out $106 billion out of the $145 billon loan to Greece according to the European Central Bank. The IMF is participating in the remaining $39 billion.

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Tags: international market

This entry was posted on May 6, 2010 at May 6, 2010 and is filed under International Markets. You can follow any responses to this entry through the RSS 2.0 feed.