EC President Barroso says total EU aid for Greece will be 380 bn euros

EC President Jose Manuel Barroso said on Wednesday that the total aid to Greece will be 380 billion euros.

“We have put together a very ambitious programme of support, unprecedented support, for Greece”, Barroso said.

This sum would comprise some 40 billion euros of routine EU finance from 2007-2013, 100 billion euros by way of private-sector debt written off by investors and 240 billion euros in special bailout loans and aid from eurozone or EU partners as well as the International Monetary Fund.

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