News of the massive international bailout plan has done little to change the mood in Greece
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VideoassistentenApril 24, 2010
Greece's finance minister is due to take part in talks with the International Monetary Fund in Washington on Saturday, a day after his country asked for an EU and IMF bailout of its debt-ridden economy. The German Economy minister said, a decision over when and how much financial aid will be given to Greece will come after ten days at the earliest. Chancellor Angela Merkel says the multi-billion Euro package will only be activated if Athens implements tough reform policies. The country needs to raise an extra 9 billion Euros before the end of May, to cover its obligations. Most of that is expected to be provided by Europe's largest economy, Germany.