Economics
Greece Seen Needing Third Bailout as Bonds Insufficient
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Greece’s return to bond markets after a four-year exile hasn’t convinced economists it can avoid a third bailout.
Six out of 10 economists in a Bloomberg News survey said Greece will need to top up the 240 billion euros ($325 billion) of loans received from Europe and the International Monetary Fund since 2010, when it lost access to bond markets. The IMF forecasts Greece will have a 12.6 billion-euro financing gap next year.