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Greece begs World Bank for loan as it risks defaulting plunging eurozone into crisis

GREECE has requested a loan form the World Bank as it attempts to thrash out the details of its £73billion eurozone bailout.

The Greek government has requested “financial assistance” from the World Bank, for an unknown amount. 

If accepted, the loan will plunge Greece even further into debt as protests grip Athens against austerity measures. 

A World Bank spokesman said: “The government of Greece has asked the World Bank to provide technical and financial assistance to address pressing challenges including: long-term unemployment, economic competitiveness and growth and social protection.

http://www.express.co.uk/news/world/774507/greece-world-bank-loan-eurozone-crisis-bailout-imf-eu

 

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