IMF approves 2.2 billion euros for Greece

[JohnWood]

Print baby print !!
IMF approves 2.2 billion euros for Greece
http://www.google.com/hostednews/afp/article/ALeqM5gWhcMtK0MmgpQ-WZEbaZLT9nWUFQ?docId=CNG.203752c5c09dd953e50edbe70 2f1db57.1e1

[osoab]

They got 2 percent of the total bailout.


The IMF's executive board approved the immediate release of the funds Monday after reviewing Greece's performance under the rescue program, launched in May 2010.


The 110 billion euro program, including 30 billion euros from the IMF, requires Athens to stick to reforms and austerity targets aimed at crunching its huge fiscal deficit and reducing its debt.


So, did Congress approve the extra dough going to the IMF for Greece. I don't remember it at the time the first three or four bailouts were announced. The funding for Congress has been talk for the greater Euro bailout recently.