THE IMF AND THE EURO-ZONE WEATHIEST COUNTRIES REACHED AN AGREEMENT IN LOAN ALLOCATION ON THE PREVIOUSLY DISPUTED EUROPEAN UNION FINANCIAL ASSISTANCE FOR GREECE IN THE FINAL SESSION OF THE MEETING.

THE IMF AND THE EURO-ZONE WEALTHIEST COUNTRIES REACHED AN AGREEMENT IN LOAN ALLOCATION ON THE PREVIOUSLY DISPUTED EUROPEAN UNION FINANCIAL ASSISTANCE FOR GREECE IN THE FINAL SESSION OF THE MEETING.

       The IMF and the Eurozone wealthiest countries have finally reached an agreement on the previously disputed European Union financial assistance for Greece in loan allocation worth the sums that ranged between E$ 44 billion euros to E$ 56.8 billion euros at the least and at the most respectively in the final session of the Eurozone Finance Ministers and the IMF delegates meeting held yesterday at the European Parliament in the European capital Brussel, despite the protest of some of the Eurozone wealthiest nations about the risk in the allocation of unlimited large sums of money in loans to a member nation that has not fully upgraded its credit line with the required financial and economic efficiency of a Eurozone member country, due to the current European Union Austerity Measures, the failing Saving Plans Packages, the financial instability and political upheavels in Athens. However, on the other side the loan approval has been celebrated as a break through after long political and financial struggle in Athens that will keep Greece in the Eurozone and help accomplish the projected future economic prospects in Greece with less doubt, or financial risk of the disputable wealthiest European Union lenders.

                                                    Written by Professor Godfrey Ohia.