11.05.2010

With Greek debt crisis hitting markets, the Eurozone has agreed to back €440bn in loans to countries in need, with the European Commission making another €60bn available.

The IMF is expected to provide additional loan guarantees worth at least €250bn, which should further stabilise European markets.

http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/114324.pdf