Re­port: Greece may need third bailout in 2015

The Washington Times Daily - - Business - THE ECON­OMY

BER­LIN | Greece might need a third in­ter­na­tional res­cue pack­age worth 50 bil­lion eu­ros ($66 bil­lion) in 2015, the Ger­man weekly mag­a­zine Der Spiegel re­ported Sun­day.

The troika of cred­i­tors — the Euro­pean Union, the Euro­pean Cen­tral Bank and the In­ter­na­tional Mon­e­tary Fund — is said to have expressed strong doubt in a pre­lim­i­nary re­port that Greece would be able to re­turn to the in­ter­na­tional money mar­kets to bor­row in 2015.

By then, Athens is likely to re­quire that third bailout to re­pay in­ter­na­tional loans. Der Spiegel claimed Ger­many re­quested that this part of the re­port be edited out.

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