IMF releases aid to Greece after long delay
- Published: 17 Jan 2013 at 01.45
- Online news: World
After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.
A woman walks by a newly closed store in central Athens on January 11, 2013. The International Monetary Fund said Wednesday it will release 3.2 billion euros ($4.3 billion) in aid to Greece that had been frozen for months amid fears about the country's ability to surmount its debt crisis.
The amount released -- 3.2 billion euros ($4.3 billion) -- might seem a mere footnote to the 172 billion euro international bailout for Greece last March, the second rescue effort after a 2010 aid program foundered.
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