{
  "title": "Key Links for the Greek Financing Package",
  "publication": "IMF Blog, May 2, 2010",
  "sourceUrl": "https://www.imf.org/en/blogs/articles/2010/05/02/key-links-for-the-greek-financing-package",
  "canonical": "https://www.imf.org/en/blogs/articles/2010/05/02/key-links-for-the-greek-financing-package",
  "overlayPath": "/en/blogs/articles/2010/05/02/key-links-for-the-greek-financing-package/index.md",
  "summary": "Date: May 2, 2010",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Date: May 2, 2010\n- Greece announced May 2 it had reached agreement with the International Monetary Fund (IMF), the European Commission, and the European Central Bank (ECB) on a targeted program to stabilize its economy, become more competitive, and restore market confidence with the support of a €110 billion (about $145 billion) financing package.\n- Negotiators over the weekend wrapped up details of the package."
    },
    {
      "heading": "Package components and policy measures",
      "content": "- Budget cuts.\n- A freeze in wages and pensions for three years.\n- Tax increases to address Greece's fiscal and debt problems.\n- Deep reforms designed to strengthen Greece’s competitiveness and revive stalled economic growth."
    },
    {
      "heading": "Key documents and material (listed items)",
      "content": "- Greek Prime Minister announces agreement with the EU and the IMF\n- IMF Survey magazine article on the weekend deal\n- IMF approves loan\n- The IMF and Greece: fast facts\n- IMF and Greece: country page\n- IMF Managing Director on the program\n- Eurogroup ministers' statement\n- Straus-Kahn and Merkel: pre-deal talks\n- Video: IMF mission chief explains the program\n- Institute of International Finance reaction\n- Video: Trichet sees program as decisive\n- Video: IMF mission chief on CNBC\n- Ficht: \"Plan reduces credit risk.\"\n- ECB action\n- IMF welcomes euro stabilization plan\n- Straus-Kahn interviewed by Euronews"
    },
    {
      "heading": "Reactions and commentary (implicit in listed material)",
      "content": "- Institutional endorsements and commentary from IMF, ECB, Eurogroup ministers, and the Institute of International Finance.\n- Media and video interviews featuring IMF and ECB officials, including IMF mission chief and Straus-Kahn.\n- Market commentary such as Ficht: \"Plan reduces credit risk.\"\n\nKey Links for the Greek Financing Package — May 2, 2010\n\n---\n\n\n References\n\n- article on the weekend deal\n- loan\n- ast facts\n- country page\n- on the program\n- pre-deal talks\n- explains the program\n- action\n- stabilization plan\n\nSource: https://www.imf.org/en/blogs/articles/2010/05/02/key-links-for-the-greek-financing-package"
    }
  ],
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    "[Markdown version](/en/blogs/articles/2010/05/02/key-links-for-the-greek-financing-package/index.md)",
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    "Published: May 2, 2010",
    "Date: May 2, 2010",
    "Greece announced May 2 it had reached agreement with the International Monetary Fund (IMF), the European Commission, and the European Central Bank (ECB) on a targeted program to stabilize its economy, become more competitive, and restore market confidence with the support of a €110 billion (about $145 billion) financing package.",
    "Negotiators over the weekend wrapped up details of the package.",
    "Budget cuts.",
    "A freeze in wages and pensions for three years.",
    "Tax increases to address Greece's fiscal and debt problems.",
    "Deep reforms designed to strengthen Greece’s competitiveness and revive stalled economic growth.",
    "Greek Prime Minister announces agreement with the EU and the IMF",
    "IMF Survey magazine article on the weekend deal",
    "IMF approves loan",
    "The IMF and Greece: fast facts",
    "IMF and Greece: country page",
    "IMF Managing Director on the program",
    "Eurogroup ministers' statement",
    "Straus-Kahn and Merkel: pre-deal talks",
    "Video: IMF mission chief explains the program",
    "Institute of International Finance reaction",
    "Video: Trichet sees program as decisive",
    "Video: IMF mission chief on CNBC",
    "Ficht: \"Plan reduces credit risk.\"",
    "ECB action",
    "IMF welcomes euro stabilization plan",
    "Straus-Kahn interviewed by Euronews",
    "Institutional endorsements and commentary from IMF, ECB, Eurogroup ministers, and the Institute of International Finance.",
    "Media and video interviews featuring IMF and ECB officials, including IMF mission chief and Straus-Kahn.",
    "Market commentary such as Ficht: \"Plan reduces credit risk.\"",
    "[article on the weekend deal](http://www.imf.org/external/pubs/ft/survey/so/2010/CAR050210A.htm)",
    "[loan](http://www.imf.org/external/pubs/ft/survey/so/2010/NEW050910A.htm)",
    "[ast facts](http://www.imf.org/external/np/exr/countryfacts/grc/index.htm)",
    "[country page](http://www.imf.org/external/country/grc/index.htm)",
    "[on the program](http://www.imf.org/external/np/sec/pr/2010/pr10176.htm)",
    "[pre-deal talks](http://www.imf.org/external/pubs/ft/survey/so/2010/new042910a.htm)",
    "[explains the program](http://www.imf.org/external/mmedia/view.aspx?vid=82498889001)",
    "[action](http://www.imf.org/external/np/sec/pr/2010/pr10179.htm)",
    "[stabilization plan](http://www.imf.org/external/np/sec/pr/2010/pr10188.htm)"
  ],
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