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Sunday, 05/09/2010 5:11:01 PM

Sunday, May 09, 2010 5:11:01 PM

Post# of 94785
IMF board approves nearly $40 billion Greece loan ......WASHINGTON — The International Monetary Fund has put up nearly $40 billion to help bail out Greece and appease investors' fears of a spreading European debt crisis.

The IMF's executive board met in Washington Sunday to approve a three-year, euro30 billion loan for the debt-plagued nation, part of a $140 billion package (euro110 billion) negotiated with other eurozone countries.http://www.google.com/hostednews/ap/article/ALeqM5hD0bvhXN9f027dNXzKUYnkb2raPwD9FJHDPO0

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