Eurozone will continue its bailout programme for Greece even without IMF

EPA/OLIVIER HOSLET

Belgian Finance Minister Johan Van Overtveld

Eurozone will continue its bailout programme for Greece even without IMF


The eurozone will continue with its bailout programme for Greece, with or without the involvement of the International Monetary Fund, Belgium's finance minister said.

The European Stability Mechanism (ESM) is now turning to markets to raise the extra cash needed for the Greek debt relief programme.

The ESM is now issuing €57billion in long-term bonds - up 14 per cent from original plans - to cover the bail-out programme.

Belgium's Van Overtveldt told Reuters that the involvement o...


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