Euro Exit Looming? Berlin, IMF To Refuse Fresh Aid for Greece

Greece has fallen behind with its budget cuts and is asking lenders for more time to meet the conditions of the 130 billion euro aid package. But that would require fresh help of up to 50 billion euros, SPIEGEL has learned. Neither Berlin nor the IMF are prepared to make that money available.
A street scene in Athens. Greece is in its fifth year of recession and has fallen behind with budget cutbacks and reforms demanded by international lenders.

A street scene in Athens. Greece is in its fifth year of recession and has fallen behind with budget cutbacks and reforms demanded by international lenders.

Foto: JOHN KOLESIDIS/ REUTERS
cro -- with wire reports