Crisis Control Stability Fund Chief Expects Third Greek Bailout

Greece might need a third aid package as soon as next year, Klaus Regling told a German paper Friday. But the head of the ESM permanent bailout fund is much more optimistic about the situation in Portugal and elsewhere in the euro zone.
ESM chief Klaus Regling believes Greece will need a third aid package.

ESM chief Klaus Regling believes Greece will need a third aid package.

© Hugo Correia / Reuters/ REUTERS

Bailout Packages to Greece So Far

Euro-zone countries IMF Sum
Package I
80* billion 30 billion 110* billion
amount that has already been disbursed
53 billion 20 billion 73 billion
Package II
145 billion 19 billion 164 billion
amount that has already been disbursed
133 billion 8 billion 141 billion
Source: German Finance Ministry

*later reduced to 77 and 107 because not all euro-zone member states contributed
jtw, with wire sources