{"id":28285,"date":"2012-03-16T06:48:07","date_gmt":"2012-03-16T10:48:07","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28285"},"modified":"2012-03-16T06:48:07","modified_gmt":"2012-03-16T10:48:07","slug":"imf-approves-more-funding-for-greeces-bailout","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/16\/imf-approves-more-funding-for-greeces-bailout\/","title":{"rendered":"IMF Approves More Funding for Greece&#8217;s Bailout"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v27959b8b8c8edc18c22a5e9d1c96c6aeebd56c52&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v27959b8b8c8edc18c22a5e9d1c96c6aeebd56c52&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Good news for Greece and the Euro zone. The International Monetary Fund has just approved 28 billion euros in funding for the cash-strapped country over the next four years.The IMF statement said today it will allow 1.65 billion of the funds for immediate release to add to Greece&#8217;s economic bailout. The country&#8217;s total bailout package now amounts to 172.7 billion euros.This is the second bailout Greece has received over the past couple years. Back in May 2010 it received it&#8217;s first bailout amounting to 110 billion euros. In return for both bailouts, government officials are implementing cost-cutting measures, slashing pensions and salaries while raising taxes.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/16\/1_1pvxzz85_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/16\/1_1pvxzz85_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good news for Greece and the Euro zone. The International Monetary Fund has just approved 28 billion euros in funding for the cash-strapped country over the next four years.The IMF statement said today it will allow 1.65 billion of the funds for immediate release to add to Greece&#8217;s economic bailout. The country&#8217;s total bailout package &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/16\/imf-approves-more-funding-for-greeces-bailout\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IMF Approves More Funding for Greece&#8217;s Bailout&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28285","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28285"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}