Greece takes grudging step towards bailout
The Greek government on Thursday finally moved towards formal acceptance of a bailout by initiating consultations with eurozone members and the IMF on the proposed €30 billion ($40 billion)loan package.
George Papaconstantinou, the country's finance minister who had hitherto flatly dismissed suggestions that Greece needed the money, said it now wanted to discuss a "multi-year policy programme with the Commission, the European Central Bank and the International Monetary Fund."
The IMF's managing
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