International Monetary Fund will deliver 3500000000 euro bailout funds to Greece

xinhuanet.com Washington on 22 May, the International Monetary Fund expresses 22 days, will likely by the end of 5 paid 3500000000 euros to Greece bailout funds.

International Monetary Fund spokesman Gerry · Rice day said at a regular press conference, the International Monetary Fund Executive Board will hold a meeting to discuss payment of funds in May 30th, 3500000000 euros will be completed on Greece's fifth economic evaluation in the International Monetary Fund after discharge.

this part of the funds is part of the euro zone countries in 2012 second round of aid international rescue party promises to give the sovereign debt crisis. According to the original plan, the International Monetary Fund should extend a 1700000000 euro bailout to Greece in 2013, May, after Greece had failed to implement fiscal austerity reform was delayed payment. Rice said, taking into account the money has already been postponed, this will provide the amount is two times of the original plan.

in exchange for international rescue funds, Greece in recent years to implement a series of tough austerity and reform measures. Since April, the first successful issuance of long-term sovereign bonds, while the European Union in 2013 confirmed the basic cheap jerseys fiscal surplus. However, round after round of austerity, tax increases and cuts the Greek people's revenues, it is difficult to obtain real benefits from the macro improvement.

2010 year in May, Greece received from the first cheap nhl jerseys round of assistance from the International Monetary Fund, the European Union and other international rescue party 110000000000 euros. In 2012 February, the international aid agree to implement a scale of 130000000000 cheap customized jerseys euros in the second round of aid to Greece, and the implementation of a series of austerity and cheapjerseys.us reform measures as cheap basketball ncaa jerseys lending conditions. This bailout will end in the middle of the 2014.

(original title: International Monetary Fund will deliver 3500000000 euro bailout funds to Greece)