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Media reports have put the potential Greek bail-out at between €20 and 25 billion (Photo: pimousse3000)

Finance ministers to discuss Greek bail-out options

EU finance ministers meeting in Brussels on Monday and Tuesday (15-16 March) are set to discuss a range of different mechanisms to transfer financial aid to Greece, despite continued resistance in a number of EU capitals.

Reports suggest two principle options are being studied: One would see the provision of direct member-state loans to Greece, with the second the enabling of the European Commission to borrow money on international capital markets and then extend loans to Athens.

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Media reports have put the potential Greek bail-out at between €20 and 25 billion (Photo: pimousse3000)

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