The International Monetary Fund may ultimately hand Greece an aid program worth about 20 billion euros ($27 billion) over 18 months, according to Goldman Sachs Group Inc.
The cash-strapped nation may ask the Washington-based lender for support within weeks and “very likely†in a few months as it struggles to cut the biggest budget deficit in the European Union, Goldman Sachs’s Chief European Economist Erik Nielsen said in an e-mailed note to clients today. European leaders start talks in Brussels today.
Bloomberg
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