Greek Request for Assistance Fund and the European Union

Liputan6.com, Athens: Greece pleading financial assistance worth tens of billions of euros from the European Union and the International Monetary Fund (IMF) to pay off state debt. Greek Finance Minister George Papaconstantinou expect the country's efforts to get assistance is not obstructed, and the debt has been available in a few days.

As quoted by Antara, Saturday (24 / 4), the EU states there is no impediment to help Greece. German Chancellor Angela Merkel says ready to meet any debt rescue package for three years worth of 45 billion euros or about U.S. $ 60 billion in the first year with the percentage rate of about five percent.

Greek Drama debt crisis is the biggest crisis in 11 years of European history. Conditions that create fear of other EU member states whose economies are weak and are struggling hard to get out of the budget deficit and debt. The IMF's involvement in helping the Greeks even had a first experience of the institution had previously helped the European Union countries such as Hungary [read: Help the IMF Agree EU Greece].

Nevertheless, the euro zone have been monitored and the rules adopted by the European Central Bank and member countries. Analysts see the involvement of the IMF's critical in helping the Greek out of the debt crisis that weaken the credibility of the euro zone. (ASW / ANS)

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