Greek minister: Country may need extra 10 billion euros


Irene Chapple
CNN
August 27, 2013

Greece may need to tap its eurozone partners for an extra 10 billion euros in funding as it faces up to a cash shortfall, the country’s finance minister has said.

Yannis Stournaras said “if Greece needs additional support that will be of 10 billion euros, which is a very small amount compared with the previous memorandums.” The comments were in an interview with Greek newspaper Proto Thema Sunday and reported by press agency AMNA.

A support package would come “without new conditions,” Stournaras said, as targets were already in place until 2016. Further, there would be no haircut on Greek debt, he said.

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