Home News Papandreou announces bailout deal ‘without precedent’ in the world

Papandreou announces bailout deal ‘without precedent’ in the world

Published on 03/05/2010

The IMF and the EU have put together a Greek bailout package worth 110 billion euros over three years, a diplomatic source said Sunday. Prime Minister George Papandreou announced the loan agreement and warned of "big sacrifices" for Greece.