LONDON May 10 Greece expects to receive a new
aid package totalling nearly 60 billion euros as soon as next
month, news agency Dow Jones reported a senior Greek government
official as saying.
The Greek government was not immediately available for
The official was reported as saying the new package would
cover Greece's projected need of 27 billion euros in extra funds
in 2012 and 32 billion in 2013.
State-owned properties may be offered up as collateral, Dow
After a meeting of select euro zone officials in Luxembourg
on Friday, Jean-Claude Juncker, chairman of the Eurogroup of
finance ministers of the 17-nation euro area, said there was a
consensus that Athens would require a second rescue.
The issue is expected to dominate a Eurogroup meeting on
Monday. Euro zone officials have said options could include a
new extension of maturities on Greece's existing bailout loans,
a lower interest rate on those loans and allowing the European
rescue fund (EFSF) to buy Greek bonds.
(Writing by Mike Peacock; Editing by Susan Fenton)