The Executive Board of the International Monetary Fund (IMF) today
approved a three-year SDR 26.4 billion (30 billion) Stand-By
Arrangement for Greece in support of the authorities’ economic
adjustment and transformation program. This front-loaded program makes
SDR 4.8 billion (about 5.5 billion) immediately available to Greece
from the IMF as part of joint financing with the European Union, for a
combined 20.0 billion in immediate financial support. In 2010, total
IMF financing will amount to a
