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CIJ.World > Finance > IMF: Greece may need €1.35bn to cover 2015 deficit

IMF: Greece may need €1.35bn to cover 2015 deficit

9 October 2015

Greece might need additional €1.35bn in financial aid, as the country is expected to end the year with a 0.5-percent primary deficit instead of the required 0.25 percent, according to an International Monetary Fund report. The funding would cover the difference required by Greece’s bailout program.

The state debt for 2016 is forecasted to hit 206.6 percent of GDP, up from 196.9 percent in 2015, writes the IMF.

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