Stournaras Says Greece’s Aid Needs for End-2013 Are ‘Trivial’
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Greece will need a “trivial” sum of international aid for the final two months of 2013 after collecting payments of 6.8 billion euros ($8.8 billion) through October, said Finance Minister Yannis Stournaras.
Greece earlier today won euro-area approval for 5 billion euros in payouts over the next four months as it presses ahead with budget cuts in the sixth year of recession. A separate sum of 1.8 billion euros is due from the International Monetary Fund during this period, according to Stournaras.