IMF statement on Greek bailout


IMF’s Lagarde to propose €28 bln arrangement for Greece to Executive Board next week to help Greece overcome crisis


Greece meet bailout conditions

Greece's credit rating has been downgraded by the rating agency Fitch to "Restricted Default" after 85% of private investors holding Greek bonds agreed to a cut in their value. It means conditions are now in place for it to receive a £110bn bailout.