ISSN 2330-717X

Greece To Receive 2nd Bailout Package After Elections

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International lenders are planning to revise the terms of the second package of financial aid to Greece immediately after parliamentary elections, slated in the country for May 6, reported an IMF official.

Greece is not in a position to finance its debt obligations on its own. In late February, international moneylenders – the European Central Bank, the European Commission and the IMF- agreed to provide the country with a second bailout package amounting to 130 billion euros.

In addition, agreement was reached with private creditors to write off the country’s debts on their balance sheets.

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VOR

VOR, or the Voice of Russia, was the Russian government's international radio broadcasting service from 1993 until 2014, when it was reorganised as Radio Sputnik.

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