Eurozone, IMF to hold new talks on Greece
Monday, October 31, 2011
BERLIN (AP) -- Germany and France say the leaders of the eurozone and the International Monetary Fund will meet to discuss ways to implement a new rescue package for Greece agreed last week.
Chancellor Angela Merkel's office said Tuesday she and French President Nicolas Sarkozy agreed to hold talks on Greece with the EU, the IMF and eurozone leaders Wednesday.
It said another unscheduled meeting is also planned with the Greek government ahead of the summit of the G-20 most developed nation in Cannes, to be held Thursday and Friday.
Doubts about Greece's package arose after Premier George Papandreou on Monday called for a referendum on the deal eurozone leaders hammered out last week. The package includes having private holders of Greek bonds write off 50 percent of their holdings of Greek debt.