New Greece bailout could be as much as €36bn: IMF

Greece needs at least another €36bn over the next three years from eurozone states and easier terms on existing debt to keep the nation’s finances sustainable, according to an IMF analysis.

Even if Greece delivers on reforms proposed by its international creditors, euro countries will have to come up with new financing and ease the nation’s debt load through steps such as doubling maturities on existing loans, according to a June 26 “preliminary draft” debt-sustainability analysis released yesterday.

The Washington-based lender puts Greece’s total financing needs at €50bn from October 2015 through to the end of 2018.